The Best U.S. Cities for Real Estate Agents

By Jacob Saunders

There’s a lot that goes into selling home, but it usually all starts with a realtor. Oftentimes, a realtor’s success in selling a home can come down to conditions that are out of their control, such as the market they operate within. For example, how much a real estate agent can earn or sell a home for in a particular area can all affect the attractiveness of being or becoming a real estate agent. 

With this in mind, the House Method team decided to find out which U.S. cities are the best for real estate agents. We analyzed data from the 100 largest cities, using factors such as the city’s median home value, days on market, annual wage, and more. Here is what we found:

 

Based on the data collected, Las Vegas, Nevada, is the best city for real estate agents. Sin City has the highest monthly percentage of homes for sale, with 0.77% of its real estate on the market. Homes in the city also spend one of the least amount of days on the market, at just over 65 days.

Though the city of Las Vegas takes the cake in terms of best city for real estate agents, Arizona proves to be the best state for real estate agents with five cities in the top 15, the most of any state. The suburbs of Phoenix are the place to be if you are a real estate agent, as all five of Arizona’s cities in the top 15 are within 25 miles of the state’s capital city.

The 15 Best U.S. Cities for Real Estate Agents

  1. Las Vegas, Nevada
  2. Gilbert, Arizona
  3. Chandler, Arizona
  4. Orlando, Florida
  5. Henderson, Nevada
  6. Boise, Idaho
  7. Scottsdale, Arizona
  8. Glendale, Arizona
  9. Seattle, Washington
  10. Aurora, California
  11. Chesapeake, Virginia
  12. North Las Vegas, Nevada
  13. Arlington, Texas
  14. Mesa, Arizona
  15. Denver, Colorado

Detroit proves to be the worst city for real estate agents. Motor city has the highest median price cut at 7.61%. This means that when the house gets marked down, it’s by almost 8%. The city also has one of the worst annual median wages for the industry, with Detroit real estate agents earning a median wage of $39,200.

The 15 Worst U.S. Cities for Real Estate Agents

  1. Detroit, Michigan
  2. Cleveland, Ohio
  3. New York, New York
  4. New Orleans, Louisiana
  5. Buffalo, New York
  6. Chicago, Illinois
  7. Baltimore, Maryland
  8. Newark, New Jersey
  9. Toledo, Ohio
  10. Milwaukee, Wisconsin
  11. Winston-Salem, North Carolina
  12. Saint Paul, Minnesota
  13. Laredo, Texas
  14. Philadelphia, Pennsylvania
  15. Honolulu, Hawaii

The Best U.S. Cities for Real Estate Agents

RankingCityStateOverall Score
1Las VegasNevada45.6
2GilbertArizona45.5
3ChandlerArizona44.2
4OrlandoFlorida44.0
5HendersonNevada43.1
6BoiseIdaho43.1
7ScottsdaleArizona43.0
8GlendaleArizona42.7
9SeattleWashington42.6
10AuroraColorado41.9
11ChesapeakeVirginia41.8
12North Las VegasNevada41.6
13ArlingtonTexas41.5
14MesaArizona41.5
15DenverColorado40.6
16Virginia BeachVirginia40.5
17OklahomaOklahoma40.3
18Colorado SpringsColorado40.2
19PhoenixArizona40.1
20AtlantaGeorgia39.6
21PlanoTexas39.6
22AustinTexas39.5
23GarlandTexas38.9
24ColumbusOhio38.8
25Fort WorthTexas38.7
26NorfolkVirginia38.5
27IrvingTexas38.3
28HoustonTexas38.2
29San JoseCalifornia37.9
30FremontCalifornia37.7
31RaleighNorth Carolina37.5
32TampaFlorida37.3
33RichmondVirginia37.2
34TulsaOklahoma37.1
35Fort WayneIndiana37.1
36San FranciscoCalifornia37.1
37BakersfieldCalifornia36.9
38IrvineCalifornia36.9
39AlbuquerqueNew Mexico36.5
40Saint PetersburgFlorida36.0
41DallasTexas36.0
42WichitaKansas35.8
43AnchorageAlaska35.4
44San DiegoCalifornia35.4
45Chula VistaCalifornia35.3
46SacramentoCalifornia35.3
47HialeahFlorida35.0
48CharlotteNorth Carolina35.0
49FresnoCalifornia34.9
50RenoNevada34.9
51SpokaneWashington34.4
52TucsonArizona34.4
53AnaheimCalifornia34.4
54San AntonioTexas34.3
55El PasoTexas34.1
56WashingtonD.C.34.1
57Los AngelesCalifornia34.0
58LouisvilleKentucky33.9
59Santa AnaCalifornia33.7
60RiversideCalifornia33.7
61IndianapolisIndiana33.4
62OmahaNebraska33.2
63Long BeachCalifornia33.2
64BostonMassachusetts32.7
65PittsburghPennsylvania32.4
66LincolnNebraska32.4
67MiamiFlorida32.2
68LexingtonKentucky32.0
69LubbockTexas31.8
70DurhamNorth Carolina31.1
71NashvilleTennessee31.0
72PortlandOregon30.9
73JerseyNew Jersey30.4
74MadisonWisconsin30.3
75OaklandCalifornia30.2
76Baton RougeLouisiana30.1
77MinneapolisMinnesota30.0
78Corpus ChristiTexas30.0
79StocktonCalifornia29.9
80CincinnatiOhio29.8
81KansasMissouri29.6
82GreensboroNorth Carolina29.6
83Saint LouisMissouri29.1
84JacksonvilleFlorida28.7
85MemphisTennessee28.4
86HonoluluHawaii28.4
87PhiladelphiaPennsylvania27.8
88LaredoTexas26.6
89Saint PaulMinnesota26.5
90Winston-SalemNorth Carolina26.5
91MilwaukeeWisconsin26.4
92ToledoOhio26.1
93NewarkNew Jersey25.9
94BaltimoreMD24.1
95ChicagoIllinois23.8
96BuffaloNew York23.2
97New OrleansLouisiana22.3
98New YorkNew York22.2
99ClevelandOhio20.2
100DetroitMichigan17.0

Methodology:

To find the best cities for real estate agents, we analyzed data from the 100 largest cities in the U.S. We ranked the cities using seven factors each at an equal weight. Each city was graded on a 70-point scale, with a score of 70 being the perfect location for real estate agents. 

We then calculated each city’s average across all factors to determine its overall score and used the results to rank-order our sample. 

  • Median Sale Price
  • Percent of Homes for Sale Monthly (Monthly Home Sales/Number of Housing Units)
  • Median Days on Market
  • Real Estate Employment per 1000 jobs
  • Annual Median Wage of Real Estate Agents
  • Median Price Cut (%)
  • Cost of Living

Sources:

  • Redfin
  • Zillow Inventory and Sales Data
  • U.S. Bureau of Labor Statistics Occupational Employment and Wage Estimates
  • Numbeo
  • The U.S. Census Bureau

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