Real Estate Agent Hourly Pay in Sherman, TX: $23.03 (2026)
Quick Answer:Hourly pay for a real estate agent working in Sherman, TX runs $23.03 at the median for 2026 — annualizing to $47,908 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-9022). Weighted against Sherman's regional price level (BEA RPP 93.8, 6% below national), each hour of work buys what $24.56 nationally would. A 24-hour part-time schedule grosses $28,742 per year.
Official BLS data · View source

In Sherman, Texas, the median hourly rate for a real estate agent is projected to be $23.03 in 2026. This rate is notably lower than the national median of $25.78, indicating a local market that may offer fewer opportunities to maximize hourly earnings. For part-time agents working three days per week, or those engaged in per-diem roles, this hourly pay translates into a working environment that is flexible but demands strategic scheduling. Typical work settings include brokerage offices, client property tours, and remote locations, which cater to the varied needs of clients. For real estate agents in Sherman, the hourly earnings reflect a range from $14.69 for entry-level positions to $56.11 for top earners, showcasing a potential growth trajectory for those willing to invest time in building their client base and market expertise.
Real Estate Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $14.69 | $117.50 |
| Lower Range (P25) | $18.29 | $146.32 |
| Median (P50) | $23.03 | $184.24 |
| Upper Range (P75) | $36.44 | $291.51 |
| Top Earners (P90) | $56.11 | $448.87 |
Estimated Annual Income by Work Schedule in Sherman
Based on $23.03/hr median hourly rate · 2026 est.
At $23.03/hr, a real estate agent working full-time (40 hr/wk) in Sherman, TX can expect to earn approximately $47,903 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $27,636. With a cost-of-living index of 93.77 (below the national average), these earnings stretch further in Sherman.
Hourly Rate Calculator
Schedule Comparison in Sherman
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $921.21 | $3,992 | $47,903 |
| Part-Time (24 hrs) | $552.73 | $2,395 | $28,742 |
| Per Diem (16 hrs) | $368.49 | $1,597 | $19,161 |
Compare REA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Real Estate Agent (Sherman) | $23.03 |
| 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 Sherman, TX earn a median of $47,908 per year (2026 est.), which is 10.66% lower than the national median of $53,622 and 5.90% above the Texas state average of $45,239.
Real Estate Agent Hourly Pay vs. Cost of Living
Working 24h/week at $23.03/hr = $28,742/year (purchasing power: $30,651).
Working 40h/week (full-time) = $47,903/year (purchasing power: $51,085).
CoL index: 93.771 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$21.01/hr
2025 BLS Actual
$22.69/hr
2026 Current Est.
$23.03/hr
2019–2027 Growth
+11.2%
Hourly Rate Trajectory for Real Estate Agents in Sherman (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $21.01/hr | Actual |
| 2020 | $21.06/hr | Actual |
| 2021 | $16.62/hr | Actual |
| 2022 | $21.47/hr | Actual |
| 2023 | $23.32/hr | Actual |
| 2024 | $16.00/hr | Actual |
| 2025 | $22.69/hr | Actual |
| 2026(current) | $23.03/hr | Estimated |
| 2027 | $23.38/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for real estate agents in Sherman grew 8.0% from $21.01/hr (2019) to $22.69/hr (2025). At a 1.50% projected growth rate, hourly pay is expected to reach $23.38/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 Sherman 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 Sherman
When considering the part-time earning potential, a real estate agent working 24 hours per week would earn approximately $29,100 annually, markedly less than their full-time counterparts. The nature of real estate work makes per-diem or commission-based pay structures more common, with many agents functioning as independent contractors under the 1099 model. In Sherman, the top producers can earn hourly rates of $100 to $300, while newer agents often find their real earnings well below minimum wage when considering unpaid prospecting hours. Different brokerage types can also impact hourly earnings, ranging from national franchises to independent firms and luxury specialty companies. Real estate agents who accept lower hourly pay may do so in exchange for comprehensive benefits, emphasizing the trade-offs faced in this field. For those in Sherman looking to negotiate hourly pay, it’s essential to understand how commission splits work within different brokerage structures, particularly in light of the commission regulations established after the 2024 NAR settlement.
More salary data for Sherman, TX:
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 Sherman. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Source: BLS, OEWS, 3-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
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