Photo: Leoboudv · CC BY-SA 3.0Home values in South Surrey run 67% higher than the median of British Columbia’s towns
Owners put the median home at $1,200,000 at the 2021 census; for British Columbia’s towns the median is $720,000. Sales are published too: 14,620 buyers in 2023, at a median $810,000. For sale prices, assessed values, values by property type and building permits, the only official count covers all of the city of Surrey, South Surrey included.
What South Surrey’s homes are worth, three ways
Every figure here is compared within the province, against British Columbia’s towns, since each province assesses on its own terms. Census values are owners’ own estimates, taken in May 2021, before the rise in interest rates.
median, owners’ estimate
- Average
- $1.41M
- Owners
- 2,080
- British Columbia’s towns
- $720K
- The typical Canadian town
- $406K
median sale, wider area
- Average sale
- $970K
- ÷ buyers’ income
- 6.1×
- Buyers
- 14,620
- British Columbia’s towns
- $682K
all residential
- British Columbia’s towns
- $671K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
Houses in Surrey carry 2.1 times the assessment of the median for British Columbia’s towns
Detached houses account for 34% of the 157,375 properties on Surrey’s 2024 roll; condos for 20%.
Median assessment by type, 2024 the tick is the median of British Columbia’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of British Columbia’s towns with their own figure; assessments compare within a province only.
32% of South Surrey’s homes are condos, where British Columbia’s towns have 10%
2,490 occupied homes stood in South Surrey in 2021, and single-detached houses made up 54% of them. The older half dates from before 2001. A neighbourhood’s counts are summed from small census areas, so its parts can fall a little short of the whole.
Homes by period of construction the tick is the median of British Columbia’s towns
Homes by kind
| South Surrey | British Columbia | Canada | |
|---|---|---|---|
| Condominiums | 32% | 10% | 8% |
| Needing major repairs | 2% | 6% | 6% |
| Too small for the household | 2% | 4% | 3% |
| Households in core housing need | 12% | 10% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
Surrey permitted 29.4 new homes a year per 1,000, above the 18.1 of British Columbia’s towns
Surrey issued permits for 31,037 new homes from 2018 to 2023, or about 5,173 a year. Apartments and other multi-unit buildings dominate: only 4% were single-unit, against 27% for British Columbia’s towns.
A peak in 2019: 6,634 new homes
New homes a year per 1,000 homes
26,358 new homes in the 12 months to August 2026, down 11% on the year before
Shared with the rest of the Vancouver metro area: monthly permits
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.
South Surrey is dearer than most of British Columbia’s towns: 67% above their $720,000 median
254 of British Columbia’s towns (2,500 people or more), by median value at the 2021 census, dearest first.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Lower values near South Surrey: Anderson Walk, Sunnyside and Semiahmoo Town Centre
The places around South Surrey at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| South Surrey | $1.2M | $1.41M | 84% | |
| Anderson Walk | $695K | $1.06M | 74% | 1.1 |
| Morgan Creek | $1.51M | $1.51M | 91% | 1.7 |
| Sunnyside | $785K | $869K | 79% | 1.9 |
| Semiahmoo Town Centre | $880K | $933K | 75% | 2.8 |
| White Rock | $900K | $1.14M | 65% | 3.5 |
| Crescent Heights | $1.8M | $2.15M | 78% | 3.8 |
Census 2021 values; km.
Questions about property prices in South Surrey
Is South Surrey expensive for British Columbia?
On census values, South Surrey ranks among the dearer of British Columbia’s towns (median $720,000).
How many households in South Surrey are in core housing need?
12% of South Surrey’s households, near the 10% of British Columbia’s towns, live in a home that is unaffordable, crowded or in poor repair and can’t afford a better one nearby.
Can I see individual sales or prices by street?
No. Canada has no open register of individual sales; Statistics Canada publishes medians and averages by town only.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).