Agent income · BLS May 2025

How much do real estate agents make in South Dakota?

Real estate sales agents in South Dakota earned a median of $65,170 a year in May 2025, according to the U.S. Bureau of Labor Statistics. The bottom 10% earned less than $45,970 and the top 10% more than $110,000 (rounded). That median ranks #10 of 48 states with published data and is 23% higher than the U.S. median of $52,830.

Median pay
$65,170
BLS May 2025
Bottom 10% earn under
$45,970
10th percentile
Top 10% earn over
$110,000
90th percentile (rounded)
Payroll-employed agents
640
Excludes self-employed

What do real estate agents earn in South Dakota at each pay level?

Half of South Dakota's payroll-employed real estate agents earned more than $65,170 in May 2025 and half earned less. The middle 50% ranged from n/a to n/a, while the gap between the 10th percentile ($45,970) and the 90th ($110,000 (rounded)) shows how widely commission income varies.

Real estate sales agent annual wages in South Dakota, BLS OEWS May 2025
Pay levelSouth Dakota
10th percentile (bottom 10%)$45,970
25th percentilen/a
Median (50th)$65,170
75th percentilen/a
90th percentile (top 10%)$110,000 (rounded)
Mean (average)n/a

How does South Dakota agent pay compare with the U.S.?

South Dakota's $65,170 median agent pay ranks #10 of 48 states and DC with published BLS data, 23% higher than the national median of $52,830. At the low end, South Dakota's 10th percentile is $45,970 versus $32,970 nationally.

South Dakota vs. U.S. real estate agent pay, May 2025
MeasureSouth DakotaU.S.
Median annual pay$65,170$52,830
10th percentile$45,970$32,970
90th percentile$110,000 (rounded)$124,000 (rounded)
Payroll employment640193,370

How many real estate agents work in South Dakota?

BLS counts about 640 real estate sales agents on South Dakota payrolls in May 2025. These counts exclude self-employed agents, who make up most of the profession, so the true number of active South Dakota agents is much higher.

What are home prices like in South Dakota’s real estate markets?

WealthyBud tracks 11 South Dakota housing markets. Their median listing prices have a midpoint of $339,225 as of September 2026, from $227,450 in Huron to $776,225 in Spearfish; 7 of 11 are below last year's asking price.

Largest tracked South Dakota housing markets by active listings — September 2026
MarketMedian list priceYoYDays on marketActive listings
Sioux Falls, SD$362,200-2.1%481,469
Rapid City, SD$417,450-4.9%64724
Spearfish, SD$776,225+7.1%82259
Watertown, SD$357,675+5.4%5599
Aberdeen, SD$339,225+5.2%4988
Brookings, SD$351,150+0.6%5674

Every tracked market is on the South Dakota housing market hub.

How are real estate agents paid in South Dakota?

Agents in South Dakota are almost always paid on commission, a percentage of each sale price split with their brokerage, not a fixed salary. Earnings rise with deal volume and price point, so BLS wage percentiles describe a wide range rather than guaranteed pay.

Four factors drive what a South Dakota agent actually takes home:

  • Average sale price. A 2.5–3% commission on a $1M home dwarfs the same rate on a $250K home, so market and price tier matter more than hours worked.
  • Deal volume. Income scales linearly with closings; the top decile simply completes more transactions per year.
  • Commission split. New agents may keep 50–70% of each commission; established producers negotiate 80–100% splits or cap arrangements.
  • Niche and referrals. Repeat and referral business lowers acquisition cost and lifts effective hourly pay over time.

Thinking about becoming an agent? See how to get a real estate license in South Dakota, or compare every state in the agent salary by state table.

South Dakota real estate agent salary FAQ

What is the average real estate agent salary in South Dakota?
The median real estate sales agent in South Dakota earned $65,170 in May 2025 and the mean was n/a, according to the Bureau of Labor Statistics. Commission income varies widely: the bottom 10% earned under $45,970 and the top 10% over $110,000 (rounded).
Do South Dakota real estate agents earn more than the national average?
South Dakota's $65,170 median is 23% higher than the U.S. median of $52,830 for real estate sales agents and ranks #10 of 48 states with published May 2025 data.
How much do new real estate agents make in South Dakota?
BLS does not publish pay by experience. The closest official benchmark is the 10th percentile: 10% of payroll-employed South Dakota agents earned less than $45,970 in May 2025. First-year commission income depends on how many deals an agent closes.
How many real estate agents work in South Dakota?
BLS counts about 640 payroll-employed real estate sales agents in South Dakota (May 2025). Most agents are self-employed independent contractors and are not included, so the licensed agent count is far higher.
How are real estate agents paid in South Dakota?
Agents in South Dakota are almost always paid on commission, a share of each sale price split with their brokerage, rather than a salary. Income rises with deal volume and average sale price.
Wages are BLS OEWS May 2025 estimates for wage-and-salary real estate sales agents in South Dakota. They exclude self-employed agents and may not reflect total commission income. The 90th percentile is BLS's published value rounded to the nearest $1,000. n/a means BLS did not publish the value.

Samuel Okonkwo Property Investment Analyst

Samuel Okonkwo is a property investment analyst who covers cap rates, cash-flow modeling and rental-property ROI for single-family and small multifamily investors. He builds his models from public rent and price data to help readers compare markets objectively.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.