Surrey, ND housing market
Homes typically sell in 20 days, close to asking.
Home values, sales, trends and how Surrey compares with the towns next door — updated as new data is published.
Surrey at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
7 new homes permitted in 2025
Builders were permitted 7 new homes in Surrey in 2025, all single-family houses, worth about $2.2 million to build. That's 4.1 per 1,000 residents, about the pace of North Dakota as a whole. Over the past 10 years, Surrey has permitted 102 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Surrey gained 423 residents while 222 new homes were permitted: about 1.9 new residents per new home. Building and growth moved roughly in step. Across North Dakota: 1.7 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 4 | 4 | 0 | $1.3 million |
| 2025 | 7 | 7 | 0 | $2.2 million |
| 2024 | 9 | 9 | 0 | $2.7 million |
| 2023 | 9 | 9 | 0 | $1.6 million |
| 2022 | 18 | 18 | 0 | $4.5 million |
| 2021 | 19 | 19 | 0 | $5.3 million |
| 2020 | 12 | 12 | 0 | $2.4 million |
| 2019 | 5 | 5 | 0 | $576,000 |
| 2018 | 7 | 7 | 0 | $1.2 million |
| 2017 | 9 | 9 | 0 | $1.2 million |
| 2016 | 7 | 7 | 0 | $1.1 million |
| 2015 | 15 | 15 | 0 | $1.9 million |
| 2014 | 56 | 56 | 0 | $7.9 million |
| 2013 | 39 | 39 | 0 | $4.7 million |
| 2012 | 47 | 47 | 0 | $5.5 million |
| 2011 | 32 | 20 | 12 | $3.5 million |
| 2010 | 5 | 5 | 0 | $506,000 |
| 2009 | 8 | 8 | 0 | $797,000 |
| 2008 | 3 | 3 | 0 | $375,000 |
| 2007 | 4 | 4 | 0 | $318,000 |
| 2006 | 4 | 4 | 0 | $318,000 |
| 2005 | 5 | 5 | 0 | $401,000 |
| 2004 | 3 | 3 | 0 | $297,000 |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 1 | 1 | 0 | $182,000 |
| 2001 | 1 | 1 | 0 | $103,000 |
| 2000 | 4 | 4 | 0 | $330,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Surrey and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Surrey | — | — | $1,400 | 7 | $106,438 |
| Surrey | $341K | +1.6% | $1,160 | — | $132,500 |
| Nedrose | — | +3.2%† | $1,110 | — | $123,967 |
† FHFA price index change, where Zillow has no home value for the town.
3 years of income
The typical Surrey home costs about 3 years of the town's median household income, less than across North Dakota (3.8 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,400
HUD's Fair Market Rent for a two-bedroom in Surrey is $1,400 a month, utilities included: roughly what a modest, recently rented unit costs. A two-bedroom takes about 16% of the town's median household income.
Studio $970 · 4 bedrooms $2,340
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (58701, 58785; Ward County, ND HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.