Real Estate Agent Salary in Redmond, OR: $61,019 (2026)
Quick Answer:A full-time real estate agent in Redmond, OR earns a median $61,019/year (≈ $29.33/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Redmond's price level (3% above national, BEA RPP 102.6), that paycheck buys what $59,473 would nationally. Nominal pay sits 2.8% below the Oregon state average.
Based on BLS state-level estimates · View source
In 2026, real estate agents in Redmond, Oregon, can expect a median annual salary of $61,019, reflecting a competitive local market that outpaces the national median of $53,622 by approximately 13.79%. The salary range for agents stretches from $37,168 at the lower decile (P10) to $94,579 at the upper decile (P90), indicating significant earning potential driven by transaction volume and property prices in the area. These figures, derived from 2025 BLS data and adjusted for regional cost variances, illustrate a healthy real estate sector. As economic conditions continue to evolve, particularly with changes in commission structures following the post-2024 NAR settlement, agents in Redmond can navigate these dynamics to enhance their earnings potential.
About the Redmond Market
Salary estimated from Oregon average ($68,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $37,168 | $17.87 |
| Lower Range (P25) | $48,666 | $23.40 |
| Median (P50)(typical) | $61,019 | $29.33 |
| Upper Range (P75) | $78,104 | $37.55 |
| Top Earners (P90) | $94,579 | $45.47 |
Median Salary Position
13.79% above the national average
2026 Salary Percentile Distribution in Redmond
In Redmond, OR, the real estate agent salary spread from the 10th to 90th percentile is $57,411 (2026 est.). At $61,019, the local median is 13.79% above the national median of $53,622.
Salary Calculator
At 40 hours/week in Redmond: You'd be in the lower-middle range
How Redmond Real Estate Agent Pay Compares
Redmond median: $61,019/year (2026)
| Compared To | Median Salary | Redmond Pays |
|---|---|---|
| Oregon Average | $62,776 | -2.80% less |
| National Average | $53,622 | +13.79% more |
Real Estate Agents in Redmond, OR earn a median of $61,019 per year (2026 est.), which is 13.79% higher than the national median of $53,622 and 2.80% below the Oregon state average of $62,776.
Cost-of-Living Adjusted Salary
Redmond has a cost of living 2.60% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Redmond, OR has a cost-of-living index of 102.6 (above the national average of 100). While the nominal salary of $61,019 is competitive, the higher cost of living reduces purchasing power to an effective $59,473 — a 2.53% reduction.
Compare Purchasing Power
Select a city to see how your salary compares after cost of living
Select a city above to compare purchasing power
2019 BLS Actual
$55,679
2025 BLS Actual
$60,117
2026 Current Est.
$61,019
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Redmond (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $55,679 | Actual |
| 2020 | $55,804 | Actual |
| 2021 | $55,008 | Actual |
| 2022 | $56,874 | Actual |
| 2023 | $61,790 | Actual |
| 2024 | $67,808 | Actual |
| 2025 | $60,117 | Actual |
| 2026(current) | $61,019 | Estimated |
| 2027 | $61,934 | Projected |
Based on 7 years of BLS OEWS data for the Redmond metropolitan area, the median real estate agent salary grew 8.0% from $55,679 (2019) to $60,117 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $61,934 by 2027 — a total increase of $6,255 (11.23%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Redmond 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) | $37,168 – $48,666 |
| 3-5 years (Mid Career) | $48,666 – $61,019 |
| 5+ years (Experienced) | $61,019 – $78,104 |
| 10+ years (Top Earner) | $78,104 – $94,579 |
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 Redmond
Employment numbers in Redmond show that only five real estate agents are actively working in the area, which suggests a niche market with opportunities for growth. The cost of living index at 102.6 indicates that while expenses are slightly higher than the national average, the salaries offered remain competitive, allowing for reasonable purchasing power. Among the highest-paying employers in the region are national franchises such as Keller Williams and Coldwell Banker, alongside independent brokerages that cater to luxury and commercial sectors. The variation in pay is influenced by factors like transaction volume, commission splits with brokerages, and whether agents operate as team members or independently. To optimize earnings in this competitive landscape, agents should develop strong referral networks, specialize in high-value properties, and adapt to commission changes to maximize their financial outcomes in Redmond's burgeoning market.
More salary data for Redmond, OR:
Frequently Asked Questions
How much do real estate agents make in Redmond, OR in 2026?
Is Redmond, OR a good place to work as a real estate agent?
Can real estate agents make $100K in Redmond?
What is the cost-of-living adjusted real estate agent salary in Redmond?
How much does a real estate agent make per hour in Redmond?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Oregon
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 $60,117 for real estate agentsin the Redmond 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 Redmond 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