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Renanza Realty
British Columbia · Local guide

Surrey Real Estate

Surrey is BC's second-largest city and Metro Vancouver's fastest-growing — a genuine mix of established family neighbourhoods, new-build townhome communities, and a downtown core (Surrey City Centre) developing in real time.

Market snapshot

The Surrey market right now

Surrey currently has 4,020 active listings. Most homes for sale are priced between $449K and $2.45M, with a median around $1000K. Detached houses make up the largest share of the market.

4,020
Active listings
4,020
For sale
$1000K
Median list price
$449K–$2.45M
Typical range
$550
Median price / sq ft
68
Median days listed
267
New in last 7 days
2005
Median year built

Surrey prices by bedrooms

BedroomsActive listingsMedian asking price
1371$421K
2854$579K
3773$850K
4+1,818$1.50M

Figures reflect current active MLS® listings and update as the market moves.

Buying a home in Surrey

BC's 2023 small-scale multi-unit housing legislation now allows three to four units on most single-family lots in larger municipalities, which is reshaping what detached lots are worth. Check the lot's current zoning with the municipality, and get a home inspection and a title search before removing subjects.

Budget for BC's property transfer tax on top of the price — it's charged on the purchase and first-time buyers and new builds may qualify for exemptions. See our BC & Alberta closing costs checklist.

Living in Surrey

Surrey is British Columbia's second-largest city, with 568,322 people at the 2021 census, south of the Fraser River on the Canada–US border. It's the largest city in Metro Vancouver by land area, and about 27% of that land is in the Agricultural Land Reserve, so large farm areas sit alongside its urban centres.

The city is organized around town centres: Whalley and Surrey City Centre in the north, Guildford, Fleetwood, Newton, Cloverdale and South Surrey. Other popular neighbourhoods include Fraser Heights, Clayton Heights, Panorama Ridge, Morgan Creek, Grandview Heights, Ocean Park and Crescent Beach.

Getting around

SkyTrain's Expo Line serves North Surrey, ending at King George station in City Centre, and the Surrey–Langley extension is under construction along the Fraser Highway. Highway 1 and the Port Mann Bridge cross the north of the city, and Highway 99 runs south to the Peace Arch border crossing. Public schools are run by the Surrey School District (SD36).

One city, several distinct areas

South Surrey/White Rock trades on larger lots, ocean proximity and higher price points; Fleetwood and Clayton have grown fast with newer townhome and single-family construction; Surrey City Centre is where the density and SkyTrain-adjacent condo development is concentrated. Knowing which "Surrey" you're shopping in matters as much as it does in Vancouver.

New-construction inventory is more common here than in older Vancouver neighbourhoods, which brings GST considerations on new builds (with a rebate on qualifying purchases) that resale buyers don't face — worth factoring into your total cost comparison between new and resale.

Common questions

Buying in Surrey

If yours isn't here, ask us directly — we'd rather answer it now.

What are the main areas of Surrey?

Surrey is organized around town centres — City Centre and Whalley, Guildford, Fleetwood, Newton, Cloverdale and South Surrey — with other neighbourhoods such as Fraser Heights, Clayton Heights, Panorama Ridge, Morgan Creek and Ocean Park.

How big is Surrey?

568,322 people at the 2021 census — British Columbia's second-largest city and the largest in Metro Vancouver by land area.

Is Surrey a good option for first-time buyers?

Often, yes — Surrey generally offers more space and newer construction per dollar than Vancouver proper, particularly in townhome and newer single-family inventory. See our [First-Time Buyer Homes](/collections/first-time-buyers) collection for current options under $700K.

What's the commute like from Surrey into Vancouver?

It depends heavily on the specific area and whether you're near SkyTrain — Surrey City Centre and areas along the Expo Line have strong transit access, while South Surrey relies more on highway commuting. We'll factor your commute into the search.

Should I buy new construction or resale in Surrey?

New construction carries GST (with a potential rebate) but comes with warranty coverage and modern systems; resale avoids GST but may need more near-term maintenance. We'll run the real cost comparison for a specific property you're considering.

How much does a home cost in Surrey?

The median asking price for homes currently for sale in Surrey is about $1,000,000, and most are listed between $449,000 and $2,450,000. These figures come from active MLS® listings and move with the market.

How many homes are for sale in Surrey right now?

There are 4,020 active listings on this page's search, 267 of them new in the last 7 days. Listings are updated continuously from the MLS®.

How much is a 3-bedroom home in Surrey?

Median asking prices by bedroom count in Surrey right now — 1 bedroom: about $421,000; 2 bedrooms: about $579,000; 3 bedrooms: about $850,000; 4+ bedrooms: about $1,500,000. Based on 3,816 active listings.

What is the price per square foot for homes in Surrey?

The median asking price per square foot of living area is about $550 across homes currently listed in Surrey. Location, age and building type move this a lot, so compare within a neighbourhood.

How long have homes in Surrey been on the market?

The typical active listing here first came on the market about 68 days ago. That's days listed so far, not time to sell, but a long figure usually signals more room to negotiate.

Can non-Canadians buy a home in Surrey?

Generally not right now. Since January 1, 2023, the federal Prohibition on the Purchase of Residential Property by Non-Canadians Act has barred most non-Canadians from buying residential property, with exceptions such as permanent residents and some work-permit holders. The ban has been extended before, so confirm its current status and get legal advice on your situation.

Ready to see Surrey in person?

Tell us your timeline and budget and we'll line up viewings that actually fit.