Real Estate Agent Hourly Pay in Apple Valley, MN: $21.17 (2026)
Quick Answer:Hourly pay for a real estate agent working in Apple Valley, MN runs $21.17 at the median for 2026 — annualizing to $44,037 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-9022). Weighted against Apple Valley's regional price level (BEA RPP 98.5, 1% below national), each hour of work buys what $21.50 nationally would. A 24-hour part-time schedule grosses $26,424 per year.
Based on BLS state-level estimates · View source
In Apple Valley, Minnesota, the real estate agent hourly pay is projected to be $21.17 in 2026, which is notably lower than the national median of $25.78. This discrepancy may have significant implications for part-time agents, especially those working three days a week, who can expect to earn around $1,034 for 24 hours of work, a stark contrast to their full-time counterparts. Per-diem roles in real estate aren't standard due to the commission-based nature of the industry, making it common for agents to work from brokerage offices, attend client property showings, and meet with sellers in various settings rather than receiving fixed pay. With an hourly range from $13.44 for entry-level agents to $32.81 for those at the top of their field, the earnings potential varies significantly based on experience and market conditions in Apple Valley.
About the Apple Valley Market
Salary estimated from Minnesota average ($68,000) adjusted for local cost of living.
Real Estate Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $13.44 | $107.51 |
| Lower Range (P25) | $16.06 | $128.46 |
| Median (P50) | $21.17 | $169.38 |
| Upper Range (P75) | $27.10 | $216.80 |
| Top Earners (P90) | $32.81 | $262.52 |
Estimated Annual Income by Work Schedule in Apple Valley
Based on $21.17/hr median hourly rate · 2026 est.
At $21.17/hr, a real estate agent working full-time (40 hr/wk) in Apple Valley, MN can expect to earn approximately $44,040 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $25,407. With a cost-of-living index of 98.50 (below the national average), these earnings stretch further in Apple Valley.
Hourly Rate Calculator
Schedule Comparison in Apple Valley
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $846.92 | $3,670 | $44,040 |
| Part-Time (24 hrs) | $508.15 | $2,202 | $26,424 |
| Per Diem (16 hrs) | $338.77 | $1,468 | $17,616 |
Compare REA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Real Estate Agent (Apple Valley) | $21.17 |
| 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 Apple Valley, MN earn a median of $44,037 per year (2026 est.), which is 17.88% lower than the national median of $53,622 and 3.00% below the Minnesota state average of $45,399.
Real Estate Agent Hourly Pay vs. Cost of Living
Working 24h/week at $21.17/hr = $26,424/year (purchasing power: $26,826).
Working 40h/week (full-time) = $44,040/year (purchasing power: $44,710).
CoL index: 98.5 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$19.32/hr
2025 BLS Actual
$20.86/hr
2026 Current Est.
$21.17/hr
2019–2027 Growth
+11.2%
Hourly Rate Trajectory for Real Estate Agents in Apple Valley (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $19.32/hr | Actual |
| 2020 | $19.36/hr | Actual |
| 2021 | $19.09/hr | Actual |
| 2022 | $19.73/hr | Actual |
| 2023 | $21.44/hr | Actual |
| 2024 | $31.22/hr | Actual |
| 2025 | $20.86/hr | Actual |
| 2026(current) | $21.17/hr | Estimated |
| 2027 | $21.49/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for real estate agents in Apple Valley grew 8.0% from $19.32/hr (2019) to $20.86/hr (2025). At a 1.50% projected growth rate, hourly pay is expected to reach $21.49/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 Apple Valley 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 Apple Valley
The earning dynamics for real estate agents in Apple Valley also shift when considering part-time versus full-time commitment. An agent working part-time, for instance, could take home around $24,000 annually, whereas those in full-time positions may earn significantly more, particularly if they enjoy higher commission splits as a result of the new commission structure post-2024 NAR ruling. While the majority of agents operate as independent contractors on a commission basis, the disparity in pay can become even more pronounced for new entrants who may find themselves earning below minimum wage once unpaid prospecting hours are factored in. Hourly rates across different employer types can also differ, with national franchise brokerages like Keller Williams or RE/MAX typically offering more structured commission paths compared to local independents or discount brokerages. As real estate professionals in Apple Valley navigate their work environment, they must weigh hourly pay against benefits, with some teammates accepting lower hourly rates for health insurance coverage—crucial for long-term stability. For those entering the market, understanding the nuances of commission splits and negotiating effectively with brokerages can significantly impact both immediate earnings and long-term success in this competitive field.
More salary data for Apple Valley, MN:
Frequently Asked Questions
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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 Apple Valley. 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 Apple Valley 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