The 1996–1997 Úrvalsdeild kvenna was the 40th season of the top-tier women's basketball league in Iceland.

The season started on 5 October 1996 and ended on 27 March 1997.

Grindavík won its 1st title after sweeping defending champions Keflavík 2–0 in the semi-finals[1] and KR 3–0 in the Finals.

[2] The participating teams first played a conventional round-robin schedule with every team playing each opponent twice "home" and twice "away" for a total of 18 games.

Source: 1997 playoffs All official awards of the 1996–97 season.