The Stirlingshire housing market continues to flourish against the backdrop of wider market challenges. Despite falling outside of the top 5 most expensive local authority areas in Scotland from the start of the year, Stirling remains comfortably inside the top 10 most expensive areas in Scotland, in 6th place. Some of the area’s most desirable settlements command a price premium, with Bridge of Allan, Killearn and Dunblane among the top 25 most expensive locations in Scotland. Falling supply, coupled with high levels of demand, continues to push up prices in these sought after locations.
Stirlingshire housing market thrives as demand outpaces supply.
It is incredibly encouraging to see Stirlingshire firmly positioned as one of Scotland’s most sought-after housing markets, ranking 6th in the country on average house price. The area’s exceptional lifestyle appeal, combined with strong transport links and picturesque countryside, continues to drive demand, particularly in premium locations such as Killearn, Bridge of Allan and Dunblane.
As explored in this Briefing, constrained supply and sustained demand have helped house prices in Stirlingshire rise by 28% over the past five years, outpacing Scotland’s overall growth. In 2024, prices have climbed a further 2%, with competition for high-quality homes remaining strong.
Key Findings
Stirlingshire Ranks 6th.
Stirlingshire ranks 6th among Scottish local authority areas in terms of average house price, with strong price growth in the region helping to keep it amongst the country’s most expensive areas.
High Performance.
Stirlingshire towns & villages perform notably well in Scotland’s hierarchy of settlements, with Bridge of Allan, Killearn and Dunblane all featuring in the country’s 25 most expensive settlements.
Constrained supply.
Demand for property in Stirlingshire is strong, with competitive closing dates and offers over Home Report common. Transaction volumes fell in 2024 by almost 4%, compared to a 5% increase across Scotland.
Premiums Commanded.
Stirlingshire’s desirable settlements command a premium as Stirling presents a great lifestyle proposition with its central connections via road, rail and air.
Key findings explored.
1. Stirling ranks 6th among Scottish local authority areas in terms of average house price.
The average house price in Stirlingshire has accelerated since 2019, achieving much stronger growth compared to Scotland as a whole. Price growth over the past 5 years has helped Stirlingshire maintain its position within touching distance of the country’s top 5 regions.
Stirlingshire is comfortably inside the top 10 most expensive Local Authority Areas.
2. Stirlingshire towns and villages perform notably well in Scotland’s hierarchy of settlements.
Examining the settlements across the region helps to pinpoint the areas that have seen the highest growth in prices. The average price over the previous 12 months was compared with the average over the same period for the previous year to identify change in these areas.The most desirable areas, unsurprisingly, command the highest prices. Killearn ranks as the number one area in Stirlingshire for average house price in the last 12 months. Dunblane is the third most expensive. Stirling City breaks into the top 10. As well as Killearn and Dunblane, Bridge of Allan is in the country’s top 10 most expensive settlements, with the former spa town experiencing strong levels of house price growth in recent years.
Killearn leads the way in Stirlingshire as the most expensive location in the last 12 months.
Average House Price by Settlement in Stirlingshire Areas over Past 12 Months.
Stirlingshire settlements are well represented in Scotland’s most expensive areas for average house prices.
Average House Price by Settlement in Scotland in 2024.
3. Constrained supply.
Whilst transactional volumes start to recover across Scotland, transactions have fallen in Stirlingshire, with sales volumes down by almost 4% in 2024.
High demand areas, such as Bridge of Allan, are witnessing falls in transaction levels. As one of Stirlingshire’s most expensive settlements, Bridge of Allan has experienced almost 18% fewer transactions compared with the same period last year.
4. Stirlingshire’s desirable settlements command a premium.
Stirlingshire is home to some of the country’s most desirable settlements and this is reflected in the premium achieved across all property types, particularly detached properties, which are well ahead of the national averages.
The average price for a detached property in Stirlingshire is now over 20% more than the Scottish average.
Bridge of Allan is the highest priced settlement within Stirlingshire for detached properties and is amongst the most expensive across Scotland.
Detached Properties in the Most Desirable Areas Achieve a Significant Premium.
Summary.
Stirlingshire is an attractive place to live for those looking to escape the hustle and bustle of city life. The trends above suggest a strong and healthy local market, with average house price growth accelerating ahead of national levels.
To find out more, or for a free no obligation market appraisal of your property, please do get in touch with our Town and Country team, on 0131 624 4183.
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