Real Estate Agent Salary in Homewood, AL: $60,496 (2026)
Quick Answer:A full-time real estate agent in Homewood, AL earns a median $60,496/year (≈ $29.08/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Homewood's price level (12% below national, BEA RPP 87.9), that paycheck buys what $68,824 would nationally. Nominal pay sits 3.4% below the Alabama state average.
Based on BLS state-level estimates · View source
In 2026, the projected median annual compensation for real estate agents in Homewood, AL, is estimated to be $60,496, reflecting a competitive advantage over the national median of $53,622. The salary range for agents varies significantly, from $41,185 at the lower tenth percentile to as high as $93,769 for the top earners. This local estimate is influenced by BLS state-level data and adjusted for regional cost factors. The choice between working as part of a team versus being a solo agent or a commercial broker implicates income potential as well; team dynamics typically offer shared responsibilities and resources, impacting overall earnings and performance in Homewood's market.
About the Homewood Market
Salary estimated from Alabama average ($52,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $41,185 | $19.80 |
| Lower Range (P25) | $47,813 | $22.99 |
| Median (P50)(typical) | $60,496 | $29.08 |
| Upper Range (P75) | $77,435 | $37.23 |
| Top Earners (P90) | $93,769 | $45.08 |
Median Salary Position
12.82% above the national average
2026 Salary Percentile Distribution in Homewood
In Homewood, AL, the real estate agent salary spread from the 10th to 90th percentile is $52,584 (2026 est.). At $60,496, the local median is 12.82% above the national median of $53,622.
Salary Calculator
At 40 hours/week in Homewood: You'd be in the lower-middle range
How Homewood Real Estate Agent Pay Compares
Homewood median: $60,496/year (2026)
| Compared To | Median Salary | Homewood Pays |
|---|---|---|
| Alabama Average | $62,625 | -3.40% less |
| National Average | $53,622 | +12.82% more |
Real Estate Agents in Homewood, AL earn a median of $60,496 per year (2026 est.), which is 12.82% higher than the national median of $53,622 and 3.40% below the Alabama state average of $62,625.
Cost-of-Living Adjusted Salary
Homewood has a cost of living 12.10% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Homewood, AL has a cost-of-living index of 87.9 (below the national average of 100). A real estate agent earning $60,496 nominally has purchasing power equivalent to $68,824 in an average-cost city — an effective 13.77% boost.
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2019 BLS Actual
$55,202
2025 BLS Actual
$59,602
2026 Current Est.
$60,496
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Homewood (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $55,202 | Actual |
| 2020 | $55,326 | Actual |
| 2021 | $54,536 | Actual |
| 2022 | $56,387 | Actual |
| 2023 | $61,260 | Actual |
| 2024 | $44,161 | Actual |
| 2025 | $59,602 | Actual |
| 2026(current) | $60,496 | Estimated |
| 2027 | $61,403 | Projected |
Based on 7 years of BLS OEWS data for the Homewood metropolitan area, the median real estate agent salary grew 8.0% from $55,202 (2019) to $59,602 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $61,403 by 2027 — a total increase of $6,201 (11.23%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Homewood 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.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $41,185 – $47,813 |
| 3-5 years (Mid Career) | $47,813 – $60,496 |
| 5+ years (Experienced) | $60,496 – $77,435 |
| 10+ years (Top Earner) | $77,435 – $93,769 |
REA salary ranges estimated from BLS percentile data. Individual real estate agent compensation varies by employer, certifications, and specialization.
Real Estate Agent Job Market in Homewood
In a job market with only five current real estate agents employed in Homewood, the local compensation landscape reveals intriguing specifics about earning potential. The cost of living index in the area is notably low at 87.9, which enhances take-home purchasing power despite lower absolute salary figures. Among local employers, national franchises like Keller Williams and RE/MAX are known to provide competitive pay structures compared to independent brokerages. The discrepancy in earnings can be attributed to multiple factors such as transaction volumes, average sale prices, commission splits, and the specialization of agents. The evolving commission structures following the 2024 NAR settlement could also influence what agents ultimately earn. For those in Homewood looking to maximize their income, focusing on high-value listings, maintaining strong referral networks, and aligning with effectively structured teams could be key strategies to excel in this unique market environment.
More salary data for Homewood, AL:
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
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $59,602 for real estate agentsin the Homewood metropolitan area. A 1.50% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Homewood 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