What Are the Best Cities to Be a Real Estate Agent in Texas?
If you are ready to get your Texas real estate license and become an active real estate agent, it is important to know the current market and where the most profitable places to work are. This article discusses the pros and cons of becoming a Texas real estate agent in 2022 and which Texas cities provide the most potential for the new Texas real estate agent.
Is Texas Good for Real Estate in 2022?
The Texas housing market is currently considered a 'hot', which makes it a seller's market. This is a key indicator as to whether you decide to be a buyers agent or a sellers agent. It may be easier to make your first few sales if you represent the seller. It is vital to keep track of market trends as you map your career.
In 2022, the median home value in Texas is $282,726, and home values have increased by 22% over the past year. The trend report shows it will continue to rise through the next year.
Research and Methodology
There are three factors and data types to consider when determining the best cities to be a Texas real estate agent.
- Earning Potential for Real Estate Agents
- Cost of Living as compared to the National Average
- Job Opportunities
|City||Real Estate Agent Salary||Cost of Living (Compared to the National Average)|
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What Are the Best Places to be a Texas Real Estate Agent in 2022?
- Average Salary: $69,380
- Cost of Living: ▼3%
Austin, TX is one of the most desirable cities to live in the country due to its warm weather and rich cultural locale. In addition, Austin has a variety of real estate within the city. From dense, urban environments to small, residential neighborhoods, there is potential for people in all stages of life to find their next home.
Austin is at the top of our list of the best cities to be a real estate agent in Texas. There is a high income potential, lower cost of living, and high demand for real estate agents.
- Average Salary: $63,700
- Cost of Living: ▼2%
Houston ranks as number 2 on our list of top places to be a real estate agent in Texas. It has a high average salary and extensive employment opportunities. Houston houses popular neighborhoods such as River Oaks, The Woodlands, Sugar Land, and Katy. The city of Houston is known for a large international population and a wide array of markets for real estate agents to explore.
- Average Salary: $66,700
- Cost of Living: ▼8%
Lubbock is the birthplace of rock-and-roll legend, Buddy Holly. This Texas city sits at number 3 on our list of best places to be a real estate sales agent in Texas.
Lubbock holds the third highest average salary for agents at $66,700 in addition to a 8% lower cost of living than the national average. With an increasing population and rising job opportunities, Lubbock is an excellent city to start a new real estate career.
- Average Salary: $54,790
- Cost of Living: ▲2%
Dallas is one of the fastest growing cities in the nation and is listed as one of the best cities to live in America.
- Average Salary: $59,500
- Cost of Living: ▲2%
- Average Salary: $43,700
- Cost of Living: ▼10%
- Average Salary: $70,950
- Cost of Living: ▼14%