Surrey, ND—58785
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Surrey, ND
As of Oct '25, the median home price in Surrey, ND is $332,000, with a year-over-year change of 2.4%. This indicates that home prices in Surrey, ND are increasing. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $332,000 | 2.4% |
| Single Family | $332,000 | 2.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Surrey, ND
Surrey, ND lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $1,900 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $1,900 | $1,900 |
% of Rental Stock
Property Listings — Surrey, ND
As of Oct '25, Realtor.com reports that the median days on market for a home in Surrey, ND is 75. This is a decrease of -13.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $394,000 | -1.0% |
Listing Count | 11 | -34.0% |
| Listings as % of Homes | 1.2% | -34.0% |
Days on Market | 75 | -13.0% |
Demographics — Surrey, ND
As of the latest ACS Survey released in 2023, Surrey, ND has a population of 1,730, which has increased by 47.9% over the past 5 years. Surrey, ND is a popular place for families, as children make up 33.8% of the population. The area has a moderately educated workforce, with 29.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,730 | 47.9% |
% Under 18 | 33.8% | 36.8% |
% Seniors | 15.7% | 38.9% |
% WFH | 3.4% | 277.8% |
% w/ College Degree | 29.9% | 33.5% |
As of the latest ACS Survey released in 2023, Surrey, ND is a predominantly white area, with 92.1% of the population identifying as white. The white population has grown by 7.2% in the last 5 years. The second most common race or ethnicity in Surrey, ND is hispanic, making up 2.7% of the population. Foreign-born residents account for 2.0% of the population in Surrey, ND, and this percentage has decreased by 64.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.1% | 7.2% |
% Black | 0.6% | 100.0% |
% Hispanic | 2.7% | -63.0% |
% Asian | 0.1% | -90.9% |
% Foreign Born | 2.0% | -64.3% |
Mortgage and Risk — Surrey, ND
Surrey, ND lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Surrey, ND
Surrey, ND lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,210 |
| 2 Bedroom | N/A | N/A | $1,560 |
| 3 Bedroom | N/A | N/A | $2,190 |
| 4 Bedroom | $720 | $1,900 | $2,620 |
Affordability — Surrey, ND
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $332,000 |
| Median Household Income | $105,000 |