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 1182 houses with basement for sale in Surrey. Prices range from $514,999 to $16,688,000. 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
1,182
Active Listings
41
Sold (30 days)
3.5%
Sales Ratio
Buyer's Market
$1.69M
Median Price
$580
Avg $/sqft
48
Avg Days
Sale-to-List Ratio & Sold Prices
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Market summary

The houses market in Surrey is currently a Buyer's Market with a 3.5% sales ratio — 41 homes sold against 1182 active listings in the past 30 days. The median asking price is $1,690,000 ($580/sqft). Properties are selling slowly, averaging 48 days on the market.

Types
Price
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Areas
Sq Ft
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Built
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Clear

For Sale

50 listings

Market Activity by Price Range — Surrey

Price Range Active Sold (30d) Sales Ratio
Under $600K 1 0 0%
$600K–$800K Most Active 2 1 50%
$800K–$1M 32 0 0%
$1M–$1.25M 163 14 9%
$1.25M–$1.5M 268 13 5%
$1.5M–$1.75M 189 8 4%
$1.75M–$2M 158 4 3%
$2M–$2.5M 140 1 1%
$2.5M–$3M 89 0 0%
Over $3M 140 0 0%

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 106 7 7%
East Newton 92 3 3%
Fleetwood Tynehead 84 6 7%
Sullivan Station 81 2 2%
Grandview Surrey 69 0 0%
Panorama Ridge 67 4 6%
Fraser Heights 59 2 3%
Bolivar Heights 57 1 2%
Elgin Chantrell 56 0 0%
West Newton 52 1 2%
Bear Creek Green Timbers 51 1 2%
Queen Mary Park Surrey 48 1 2%
Crescent Bch Ocean Pk. 44 1 2%
Morgan Creek 43 0 0%
Clayton 43 1 2%
King George Corridor 43 1 2%
Cedar Hills 41 4 10%
Whalley 32 1 3%
Pacific Douglas 32 4 13%
Guildford 18 1 6%

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Frequently Asked Questions — Surrey

How many houses are for sale in Surrey? ▼
There are currently 1182 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 3.5% 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 $1,690,000. The average price per sqft is $580. See the full Surrey Houses market report for monthly trends.
How long do houses take to sell in Surrey? ▼
Houses in Surrey are averaging 48 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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