Business & Finance Springfield, MA Pop. 155,929

Real Estate Agent Salary in Springfield, Massachusetts

The median real estate agent salary in Springfield, MA is $54,632 per year, which is 5.0% above the national median and 26.1% below the Massachusetts state average.

City Median
$54,632
vs State Avg
$-19,251
vs National
+$2,602
Cost of Living
98%

Real Estate Agent Salary in Springfield by Experience

In Springfield, an entry-level real estate agent earns around $31,500, while experienced professionals earn up to $115,500 per year. The local cost of living index is 98% of the national average.

Entry Level (0-2 yrs)
$31,500
+$1,500 vs national
Mid Level (3-7 yrs)
$57,750
+$2,750 vs national
Senior Level (8+ yrs)
$115,500
+$5,500 vs national

Salary Percentiles in Springfield, MA

Percentile Springfield
10th Percentile $30,240
25th Percentile $37,170
Median (50th) $54,632
75th Percentile $80,010
90th Percentile $118,020

Real Estate Agent Salary in Other Massachusetts Cities

How to Become a Real Estate Agent in Springfield

Education

Most real estate agent positions require a high school diploma. Springfield and the surrounding Massachusetts area have institutions offering relevant programs.

Key Skills

NegotiationMarket AnalysisCustomer ServiceMLS SystemsMarketingContract Knowledge

Job Outlook

Nationally, real estate agent employment is projected to grow 3% over the next decade (as fast as average). Demand in Springfield may vary based on local industry and population growth.

Find Real Estate Agent Jobs in Springfield

Browse open real estate agent positions in Springfield, MA:

Frequently Asked Questions: Real Estate Agent Salary in Springfield

How much does a Real Estate Agent make in Springfield, MA?
The median real estate agent salary in Springfield, Massachusetts is $54,632 per year, which is 5.0% above the national median of $52,030. Salaries range from $30,240 (10th percentile) to $118,020 (90th percentile).
How much does a Real Estate Agent make per hour in Springfield?
Based on the median annual salary of $54,632, a real estate agent in Springfield earns approximately $26 per hour assuming a standard 2,080-hour work year.
How does Springfield compare to the Massachusetts state average for real estate agent pay?
Springfield's median real estate agent salary of $54,632 is 26.1% below the Massachusetts state average of $73,883. The local cost of living index is 98% of the national average.
What is the cost of living in Springfield, MA?
Springfield has a cost of living index of 98% compared to the national average. This means a real estate agent salary of $54,632 in Springfield has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a real estate agent in Springfield?
Most real estate agent positions in Springfield require a high school diploma. Key skills include Negotiation, Market Analysis, Customer Service, MLS Systems. The job market is projected to grow 3% nationally over the next decade.