Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$241,900+4.7% YoY · prices are rising fast
Market right nowBalanced marketMore homes for sale than last year, 28% have cut their price
Income needed to buy, per year$52,439About 1.0× the local median income ($55,191): affordable for a typical household
Days on market60 daysFaster than a year ago: sellers have the edge
The typical home in Surry County, NC is worth $241,900, up 4.7% from a year ago. That is well above what local incomes have historically supported: fair value is about $191,981, so the area is 26.0% overvalued. It is a balanced market: homes take about 60 days to sell, listings are up 20% from a year ago, 28% of listings have had a price cut. A household needs about $52,439 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $55,191. Typical rent is $1,222 a month. In the latest IRS figures, 185 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$241,900
Change in 1 year
+4.7%
Overvalued %
+26.0%
Show 6 more
Fair home value
$191,981
Change in 5 years
+33.2%
Home value to income
4.4×
Monthly mortgage payment (20% down)
$1,311
Income needed to afford it
$52,439
Property tax rate
0.60%
Rent and investing
Typical rent
$1,222
Price-to-rent ratio
16.5×
HUD Fair Market Rent, 2 bedrooms
$1,012
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Gross rental yield
6.06%
Cap rate (estimate)
3.94%
Market activity
Listings vs a year ago
+19.6%
Days on market
60
Listings with a price cut
28.0%
Show 3 more
Homes for sale
165
Pending sales per 100 listings
47
Asking price per sq ft
$189
People and jobs
Median household income
$55,191
Population change (1 year)
+0.3%
Unemployment rate
4.4%
Show 4 more
Population
72,287
Income adjusted for cost of living
$62,433
Net moves in (IRS)
+185
Cost of living (US = 100)
88.4
Schools, risk and environment
School rating (1 to 10)
7.3
FEMA hazard risk score (0 to 100)
73.6
Flood risk score
77.3
Show 3 more
Wildfire risk score
28.1
Walkability (1 to 20)
5.7
Road, rail and air noise
56 dB
Questions people ask
Is Surry County, NC overvalued?
Home prices in Surry County, NC are well above what local incomes have historically supported: fair value is about $191,981, so the area is 26.0% overvalued.
Is Surry County, NC a buyer's or seller's market?
Surry County, NC is a balanced market: homes take about 60 days to sell, listings are up 20% from a year ago, 28% of listings have had a price cut.
Are home prices going down in Surry County, NC?
Home values in Surry County, NC are up 4.7% over the last year.
How much do you need to earn to buy a home in Surry County, NC?
A household needs about $52,439 a year to afford the typical home in Surry County, NC at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $55,191.