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 1985 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
1,985
Active Listings
84
Sold (30 days)
4.2%
Sales Ratio
Buyer's Market
$1.60M
Median List Price
$699
Avg $/sqft
32
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 4.2% sales ratio — 84 homes sold against 1985 active listings in the past 30 days. The median asking price is $1,599,999 ($699/sqft). Properties are selling slowly, averaging 32 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 5 1 20%
$600K–$800K 16 2 13%
$800K–$1M 43 5 12%
$1M–$1.25M 263 22 8%
$1.25M–$1.5M 514 20 4%
$1.5M–$1.75M 313 15 5%
$1.75M–$2M 248 4 2%
$2M–$2.5M 244 11 5%
$2.5M–$3M 140 3 2%
Over $3M 199 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 168 15 9%
Fleetwood Tynehead 147 6 4%
East Newton 133 3 2%
Crescent Bch Ocean Pk. 110 6 5%
West Newton 107 1 1%
King George Corridor 103 6 6%
Grandview Surrey 101 3 3%
Bolivar Heights 99 1 1%
Panorama Ridge 96 2 2%
Sullivan Station 96 7 7%
Bear Creek Green Timbers 92 4 4%
Fraser Heights 88 6 7%
Elgin Chantrell 84 6 7%
Whalley 82 1 1%
Cedar Hills 68 2 3%
Clayton 65 4 6%
Queen Mary Park Surrey 61 3 5%
Sunnyside Park Surrey 51 5 10%
Morgan Creek 48 0 0%
Pacific Douglas 43 1 2%

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Frequently Asked Questions — Surrey

How many houses are for sale in Surrey?
There are currently 1985 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 4.2% 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 $1,599,999. The average price per sqft is $699. See the full Surrey Houses market report for monthly trends.
How long do houses take to sell in Surrey?
Houses in Surrey are averaging 32 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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