Market Overview
Home Prices in Surrey, ND
The median home value in Surrey, ND is $337,380 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.7% compared to a year ago and up 2.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Surrey are priced18% below average. Surrey is part of the Minot, ND metro area.
Over the past five years, Surrey home values have risen by approximately15.0%, reflecting steady appreciation in this market.
Price History
Surrey Home Price Trend
2020
$281,336
$281K
—
2021
$293,372
$293K
+4.3%
2022
$310,930
$311K
+6.0%
2023
$321,906
$322K
+3.5%
2024
$327,641
$328K
+1.8%
2025
$334,951
$335K
+2.2%
2026
$337,380
$337K
+0.7%
City Comparison
Surrey vs. National Median
🏠 Surrey
$337,380
National Median
$410,000
At $337,380, homes in Surrey cost 18% below the national median of $410,000. This makes Surrey a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Surrey?
20% Down Payment
$67,476
on $337,380
Monthly P&I
$1,760/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,235/mo
incl. taxes & insurance
Income Needed
$89,400
gross annual (30% rule)
10% Down Option
$33,738
+ PMI applies
Loan Amount (20% dn)
$269,904
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Surrey, ND?
The median home value in Surrey is $337,380 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.7% year-over-year.
How much have home prices changed in Surrey?
Over the past year, home values in Surrey have increased by 0.7%. Over five years, prices have risen approximately 15.0%.
How much do I need to earn to buy a home in Surrey?
To comfortably afford the median home price of $337,380 with a 20% down payment ($67,476) at today's rates (6.8%), you'd need a gross annual income of approximately $89,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Surrey compare to the national average home price?
The national median home value is approximately $410,000. At $337,380, homes in Surrey are 18% below the national average.
What metro area is Surrey part of?
Surrey is part of the Minot, ND metropolitan area. Home prices and market conditions can vary across the broader metro region.