Surrey Houses with Basement for Sale

Surrey is Metro Vancouver's fastest-growing city, and the majority of detached houses listed here include full-height, walk-out, or walk-up basements that can serve as additional living space or a rental suite to offset carrying costs. There are currently 1959 houses with basement for sale in Surrey. Prices range from $492,500 to $23,500,000. Browse all MLS® listings below, complete with sold history, floor plans, and daily updates. Surrey's municipal regulations permit secondary suites in most residential zones. Older neighbourhoods like Newton, Whalley, and Fleetwood feature largely full-basement houses, while newer South Surrey and Morgan Creek developments tend toward walk-out configurations ideal for suite conversion. A 1-bedroom basement suite in Surrey typically rents for $1,300–$1,700/month; a 2-bedroom suite commands $1,600–$2,100/month.

↓ Buyer's Market
1,959
Active Listings
75
Sold (30 days)
3.8%
Sales Ratio
Buyer's Market
$1.63M
Median List Price
$701
Avg $/sqft
33
Avg Days on Market
Sale-to-List Ratio & Sold Prices
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The houses market in Surrey is currently a Buyer's Market with a 3.8% sales ratio — 75 homes sold against 1959 active listings in the past 30 days. The median asking price is $1,625,000 ($701/sqft). Properties are selling slowly, averaging 33 days on the market.

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Market Activity by Price Range — Surrey

Price Range Active Sold (30d) Sales Ratio
Under $600K Most Active 4 2 50%
$600K–$800K 16 2 13%
$800K–$1M 41 6 15%
$1M–$1.25M 250 20 8%
$1.25M–$1.5M 514 17 3%
$1.5M–$1.75M 308 11 4%
$1.75M–$2M 248 4 2%
$2M–$2.5M 240 10 4%
$2.5M–$3M 143 2 1%
Over $3M 195 1 1%

Sales ratio = homes sold in last 30 days ÷ active inventory. Over 20% = Seller's Market.

Market Activity by Neighbourhood — Surrey

NeighbourhoodActiveSold (30d)Sales Ratio
Cloverdale BC 165 13 8%
Fleetwood Tynehead 148 7 5%
East Newton 129 2 2%
Crescent Bch Ocean Pk. 109 4 4%
West Newton 103 2 2%
King George Corridor 103 6 6%
Grandview Surrey 100 3 3%
Sullivan Station 97 5 5%
Bolivar Heights 96 2 2%
Panorama Ridge 92 2 2%
Bear Creek Green Timbers 89 3 3%
Fraser Heights 87 4 5%
Elgin Chantrell 83 5 6%
Whalley 81 2 2%
Cedar Hills 68 1 1%
Clayton 63 3 5%
Queen Mary Park Surrey 61 4 7%
Sunnyside Park Surrey 51 4 8%
Morgan Creek 49 0 0%
Pacific Douglas 42 1 2%

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Frequently Asked Questions — Surrey

How many houses are for sale in Surrey?
There are currently 1959 houses listed for sale in Surrey. Listings are updated daily from the MLS® database.
Is it a buyer's or seller's market for houses in Surrey?
It is currently a Buyer's Market. With a 3.8% sales ratio, there are more houses available than buyers are purchasing, giving buyers more time and negotiating power. See the full Surrey Houses market report for monthly trends.
What is the median price of houses in Surrey?
The median asking price for houses in Surrey is $1,625,000. The average price per sqft is $701. See the full Surrey Houses market report for monthly trends.
How long do houses take to sell in Surrey?
Houses in Surrey are averaging 33 days on market before selling. Buyers have time to view multiple properties and negotiate.
Are basements common in Surrey houses?
Many houses in Surrey include finished or partially finished basements that can serve as extra living space, recreation rooms, or potential rental suites. Always verify basement ceiling height, permits, and legal suite status.

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