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Surrey Housing Market: Home Prices by Area and Type | September 2026

Updated

Data as of September 2026 Released October 2026 · FVREB

Surrey’s resale market is reported by the Fraser Valley Real Estate Board (FVREB), not by Greater Vancouver REALTORS, so its figures are separate from the Vancouver housing market report. FVREB divides the city into four areas: North Surrey, Central Surrey, Cloverdale, and South Surrey, which it groups with the separate City of White Rock. It also adds up the four areas, minus White Rock, as a “City of Surrey” total by home type. This page uses FVREB’s September 2026 package, released in October 2026. The board gives no single composite price for the whole city; the board-wide composite and all listings totals are on the Fraser Valley housing market report, and the guide to how these reports work explains benchmark and average prices.

Surrey home prices by type, September 2026

Home typeMLS HPI benchmarkYear over yearAverage sale priceYear over yearSales
Detached$1,386,200-8.3%$1,456,893-10.3%166
Townhouse$758,600-6.6%$782,752-3.5%126
Apartment$447,600-10.0%$479,069-11.4%95

City of Surrey (North, Central, Cloverdale and South Surrey, without White Rock), FVREB, September 2026.

Across the three home types, 387 Surrey homes sold that month (the sum of the board’s three counts).

Benchmarks by Surrey area

AreaCompositeDetachedTownhouseApartment
North Surrey$639,100$1,252,600$680,400$398,900
Central Surrey$906,200$1,304,100$749,600$460,200
Cloverdale$921,900$1,317,200$754,300$506,700
South Surrey and White Rock$990,300$1,612,500$797,100$544,400

MLS HPI benchmark prices by FVREB area, September 2026.

Year over year, the composite benchmark changed by -8.8% in North Surrey, -7.0% in Central Surrey, -5.8% in Cloverdale and -7.3% in South Surrey and White Rock. For a detached home, the South Surrey and White Rock benchmark was 24% above Central Surrey’s.

Market conditions

FVREB reports listings and its sales-to-active ratio for the whole board: 9% in September 2026, set against a 12-20% balanced range (reading these ratios).

Income needed to buy in Surrey

Surrey’s townhouse benchmark of $758,600 calls for about $169,600 of annual household income at the minimum down payment ($50,860), or $149,000 with 20% down. For the $1,386,200 detached benchmark: $301,900 and $268,500. These use the qualifying rate and a 39% GDS cap; the calculation is shown separately.

Buying costs

A Surrey purchase carries BC’s property transfer tax; that page’s calculator includes the first-time buyer exemption.

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Sources

The figures and rules on this page come from these sources, last checked against them between September 25, 2026 and October 6, 2026. How we check facts.