Real Estate Agent Hourly Pay in Springfield, MA: $44.98 (2026)
Quick Answer:Hourly pay for a real estate agent working in Springfield, MA runs $44.98 at the median for 2026 — annualizing to $93,560 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-9022). Weighted against Springfield's regional price level (BEA RPP 108.5, 9% above national), each hour of work buys what $41.46 nationally would. A 24-hour part-time schedule grosses $56,141 per year.
Based on BLS state-level estimates · View source
In Springfield, Massachusetts, the real estate agent hourly pay stands at $44.98, significantly above the national hourly median of $25.78. This disparity indicates a robust market for real estate professionals, allowing for lucrative opportunities, especially for those working part-time or on a per diem basis. Agents typically work in varied settings such as brokerage office desks for administrative tasks, client property tours, and local showings, as well as remote work environments. The hourly rates range from $26.09 for entry-level agents to $69.72 for high-performing agents, highlighting the potential for earnings that reflect experience and market demand. It’s essential to note that these figures are based on annual salary data converted to an hourly rate, offering a clear snapshot of compensation in a dynamic real estate market.
About the Springfield Market
Salary estimated from Massachusetts average ($88,000) adjusted for local cost of living.
Real Estate Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $26.09 | $208.68 |
| Lower Range (P25) | $33.83 | $270.64 |
| Median (P50) | $44.98 | $359.88 |
| Upper Range (P75) | $57.57 | $460.57 |
| Top Earners (P90) | $69.72 | $557.76 |
Estimated Annual Income by Work Schedule in Springfield
Based on $44.98/hr median hourly rate · 2026 est.
At $44.98/hr, a real estate agent working full-time (40 hr/wk) in Springfield, MA can expect to earn approximately $93,568 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $53,982. With a cost-of-living index of 108.50 (above the national average), these earnings may be offset by higher expenses in Springfield.
Hourly Rate Calculator
Schedule Comparison in Springfield
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,799.39 | $7,797 | $93,568 |
| Part-Time (24 hrs) | $1,079.64 | $4,678 | $56,141 |
| Per Diem (16 hrs) | $719.76 | $3,119 | $37,427 |
Compare REA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Real Estate Agent (Springfield) | $44.98 |
| Real Estate Broker (National Avg) | $42.96 |
| Insurance Sales Agent (National Avg) | $29.02 |
| Property / Real Estate Manager (National Avg) | $33.79 |
| Appraiser / Assessor of Real Estate (National Avg) | $37.18 |
Real Estate Agents in Springfield, MA earn a median of $93,560 per year (2026 est.), which is 74.48% higher than the national median of $53,622 and 0.90% above the Massachusetts state average of $92,725.
Real Estate Agent Hourly Pay vs. Cost of Living
Working 24h/week at $44.98/hr = $56,141/year (purchasing power: $51,743).
Working 40h/week (full-time) = $93,568/year (purchasing power: $86,238).
CoL index: 108.5 (100 = national average).
2019 BLS Actual
$15.69/hr
2025 BLS Actual
$44.32/hr
2026 Current Est.
$44.98/hr
2019–2027 Growth
+191.0%
Hourly Rate Trajectory for Real Estate Agents in Springfield (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $15.69/hr | Actual |
| 2020 | $21.37/hr | Actual |
| 2021 | $23.36/hr | Actual |
| 2022 | $22.92/hr | Actual |
| 2023 | $36.43/hr | Actual |
| 2024 | $34.16/hr | Actual |
| 2025 | $44.32/hr | Actual |
| 2026(current) | $44.98/hr | Estimated |
| 2027 | $45.66/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for real estate agents in Springfield grew 182.5% from $15.69/hr (2019) to $44.32/hr (2025). At a 1.50% projected growth rate, hourly pay is expected to reach $45.66/hr by 2027. Part-time and per-diem real estate agents can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Springfield metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 1.50% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Working as an Hourly Real Estate Agent in Springfield
When evaluating the potential earnings for part-time real estate agents—working around 24 hours a week—the monetary benefits can be particularly appealing compared to full-time counterparts. However, most agents primarily operate on a commission basis under a 1099 structure, making per diem real estate agent pay in Springfield relatively rare. While top producers can earn an hourly equivalent of $100 to $300, newer agents may find that their initial annual income can fall below minimum wage when factoring in unpaid hours spent on prospecting. Hourly rates can differ significantly based on employer types, such as large national franchises or independent brokerages, affecting access to health benefits. Consequently, many choose to accept lower hourly rates for stability, which may include health insurance. For those negotiating hourly compensation in Springfield, understanding these factors can be crucial; whether aligning with brokerages that offer more substantial teams versus solo agent capabilities, the dynamics of commission splits post-2024 NAR settlement are crucial considerations in maximizing earning potential.
More salary data for Springfield, MA:
Frequently Asked Questions
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Related Pages
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Written by Maria Gonzalez, REALTOR®
Career Analyst
Maria has 10 years of experience as a real estate agent. She specializes in residential properties. She works with a large brokerage in Texas.
Methodology & Data Source
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 1.50% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for real estate agents in Springfield. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for Springfield is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 1.50%, derived from historical BLS wage trends for real estate agents (SOC 41-9022).
Compiled and verified by Maria Gonzalez, REALTOR®, a licensed real estate agent with 10+ years of clinical experience. · View source data at BLS.gov