Real Estate Sales Agent salary in New Mexico
Real Estate Sales Agents in New Mexico earn a median of $76,170 a year ($36.62 an hour), based on BLS data for 550 workers.
Pay ranges from $38,340 for the lowest-paid 10% to $151,560 for the top 10%. That is 44% higher than the national median of $52,830. New Mexico ranks 8th of 48 states for real estate sales agents pay. There are 0.63 real estate sales agents per 1,000 jobs here — the job is less common than nationally (location quotient 0.51). The average (mean) salary is $85,520, above the median because a few high earners pull it up.
Pay range for real estate sales agents in New Mexico
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $38,340 | $18.43 |
| 25th percentile | $56,880 | $27.35 |
| Median | $76,170 | $36.62 |
| 75th percentile | $111,390 | $53.55 |
| 90th percentile (top earners) | $151,560 | $72.86 |
| Average (mean) | $85,520 | $41.12 |
Half of real estate sales agents earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $6,347.50 |
| Semi-monthly (24 a year) | $3,173.75 |
| Biweekly (26 a year) | $2,929.62 |
| Weekly | $1,464.81 |
| Hourly | $36.62 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $76,170 salary, see how much house you can afford in New Mexico at today's mortgage rates, or work out a payment with the mortgage calculator.
Real Estate Sales Agent salary in cities in New Mexico
| Metro area | Median salary | Workers |
|---|---|---|
| Las Cruces, NM | $100,280 | 70 |
| Farmington, NM | $91,170 | 30 |
| Albuquerque, NM | $63,810 | n/a |
Highest-paying states for real estate sales agents
| State | Median salary |
|---|---|
| District of Columbia | $123,770 |
| New York | $102,990 |
| New Jersey | $99,990 |
| Alaska | $89,170 |
| Nevada | $79,990 |
| Washington | $79,130 |
| Montana | $79,100 |
| New Mexico | $76,170 |
| North Dakota | $73,920 |
| South Dakota | $65,170 |
Related jobs in New Mexico
| Job | Median salary | Hourly |
|---|---|---|
| Demonstrators and Product Promoters | $29,110 | $14.00 |
| Sales and Related Workers, All Other | $35,610 | $17.12 |
| Sales Engineer | $119,420 | $57.41 |
| Real Estate Broker | $80,340 | $38.63 |
| Retail Salesperson | $33,300 | $16.01 |
| Cashier | $30,120 | $14.48 |
| First-Line Supervisors of Retail Sales Workers | $46,550 | $22.38 |
| Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel | $61,880 | $29.75 |
| Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products | $61,320 | $29.48 |
| Counter and Rental Clerks | $35,580 | $17.11 |
| Insurance Sales Agent | $45,180 | $21.72 |
| Securities, Commodities, and Financial Services Sales Agents | $60,850 | $29.25 |
| Parts Salesperson | $36,890 | $17.74 |
| Sales Representatives, Wholesale and Manufacturing, Technical and Scientific Products | $87,310 | $41.98 |
More: Sales and Related Occupations · all salaries in New Mexico
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 41-9022. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a real estate sales agent make in New Mexico?
The median salary for real estate sales agents in New Mexico is $76,170 a year, or $36.62 an hour. Pay ranges from $38,340 for the lowest-paid 10% to $151,560 for the top 10%.
How much do the highest-paid real estate sales agents make in New Mexico?
The top 10% of real estate sales agents in New Mexico earn at least $151,560 a year. The top 25% earn $111,390 or more.
What is the starting pay for real estate sales agents in New Mexico?
Entry-level pay (the 10th percentile) is about $38,340 a year, and a quarter of real estate sales agents earn $56,880 or less.
How many real estate sales agents work in New Mexico?
About 550 real estate sales agents are employed in New Mexico, not counting the self-employed.