Real Estate Agent Salary in Homestead, FL: $47,095 (2026)
Quick Answer:A full-time real estate agent in Homestead, FL earns a median $47,095/year (≈ $22.64/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Homestead's price level (1% above national, BEA RPP 100.8), that paycheck buys what $46,721 would nationally. Nominal pay sits 1.4% below the Florida state average.
Based on BLS state-level estimates · View source
Real estate agents in Homestead, Florida, can expect a median annual salary of $47,095 in 2026, reflecting a unique market influenced by local transaction volumes and average property values. With a salary range from $31,058 at the lower end (P10) to $72,997 at the higher end (P90), earning potential varies significantly among agents based on their individual performance and network. These figures are based on 2025 BLS data, projected to 2026, and are shaped by regional price adjustments, highlighting a locally nuanced compensation environment. While this median falls below the national average of $53,622, it offers insight into the specific dynamics at play in Homestead's real estate market.
About the Homestead Market
Salary estimated from Florida average ($62,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $31,058 | $14.93 |
| Lower Range (P25) | $36,627 | $17.61 |
| Median (P50)(typical) | $47,095 | $22.64 |
| Upper Range (P75) | $60,282 | $28.98 |
| Top Earners (P90) | $72,997 | $35.10 |
Median Salary Position
12.17% below the national average
2026 Salary Percentile Distribution in Homestead
In Homestead, FL, the real estate agent salary spread from the 10th to 90th percentile is $41,939 (2026 est.). At $47,095, the local median is 12.17% below the national median of $53,622.
Salary Calculator
At 40 hours/week in Homestead: You'd be in the lower-middle range
How Homestead Real Estate Agent Pay Compares
Homestead median: $47,095/year (2026)
| Compared To | Median Salary | Homestead Pays |
|---|---|---|
| Florida Average | $47,764 | -1.40% less |
| National Average | $53,622 | -12.17% less |
Real Estate Agents in Homestead, FL earn a median of $47,095 per year (2026 est.), which is 12.17% lower than the national median of $53,622 and 1.40% below the Florida state average of $47,764.
Cost-of-Living Adjusted Salary
Homestead has a cost of living 0.80% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Homestead, FL has a cost-of-living index of 100.8 (above the national average of 100). While the nominal salary of $47,095 is competitive, the higher cost of living reduces purchasing power to an effective $46,721 — a 0.79% reduction.
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2019 BLS Actual
$42,974
2025 BLS Actual
$46,399
2026 Current Est.
$47,095
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Homestead (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $42,974 | Actual |
| 2020 | $43,070 | Actual |
| 2021 | $42,456 | Actual |
| 2022 | $43,896 | Actual |
| 2023 | $47,690 | Actual |
| 2024 | $61,591 | Actual |
| 2025 | $46,399 | Actual |
| 2026(current) | $47,095 | Estimated |
| 2027 | $47,801 | Projected |
Based on 7 years of BLS OEWS data for the Homestead metropolitan area, the median real estate agent salary grew 8.0% from $42,974 (2019) to $46,399 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $47,801 by 2027 — a total increase of $4,827 (11.23%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Homestead 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) | $31,058 – $36,627 |
| 3-5 years (Mid Career) | $36,627 – $47,095 |
| 5+ years (Experienced) | $47,095 – $60,282 |
| 10+ years (Top Earner) | $60,282 – $72,997 |
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 Homestead
With only 14 registered real estate agents currently working in Homestead, the job market presents both challenges and opportunities. The cost-of-living index stands at 100.8, slightly above the national average, which impacts agents' take-home pay and purchasing power. Among local employers, national franchise brokerages such as Keller Williams and RE/MAX tend to offer higher compensation compared to independent or discount brokerages. Variations in pay can be attributed to factors such as transaction volume, commission splits with brokerages, and team dynamics. Agents earning higher commissions typically capitalize on luxury or commercial sales, where transaction values are significantly higher. In this evolving market, agents must strategize to maximize their earnings by building robust referral networks and considering their commission structures in light of the anticipated changes following the 2024 NAR settlement. Understanding these shifts and adapting accordingly will be crucial for achieving greater financial success in Homestead.
More salary data for Homestead, FL:
Frequently Asked Questions
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Can real estate agents make $100K in Homestead?
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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 $46,399 for real estate agentsin the Homestead 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 Homestead 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