Average Real Estate Agent Salary in Virginia

Real Estate Agents in Virginia earn an average of $54,574 per year across 1 metro area. This is +3.6% lower than the national average.

Average Salary

$54,574

per year

Hourly Rate

$26.24

per hour

vs National

-3.6%

$56,620 national

Salary Range

$35,029

to $77,900

About Real Estate Agent Careers in Virginia

Real estate agents represent buyers and sellers in property transactions, earning commissions based on sale price rather than a fixed salary — which makes compensation highly variable but uncapped. The median annual earnings for real estate agents are approximately $54,300, but this figure is skewed by the large number of part-time agents; top-producing agents and brokers in high-value markets regularly earn $150,000–$500,000+. Real estate is simultaneously one of the most accessible careers to enter (requiring only a state license exam) and one of the most challenging to succeed in long-term — over half of new agents leave within two years. Success depends on building a referral network, mastering local market knowledge, and consistently generating buyer and seller leads.

In Virginia, real estate agents earn an average of $54,574 per year as of 2026, with salaries ranging from $35,029 for entry-level roles to $77,900 for the most experienced professionals — +3.6% below the national average. Pay is influenced most by transaction volume and average sale price — income scales directly with both, market segment — luxury real estate, commercial, and investment property transactions yield larger commissions, and the specific metro area within Virginia.

Cost of Living Adjusted Salary

Nominal Salary

$54,574

Cost of Living Index

103

100 = national average

Adjusted Salary

$52,984

purchasing power equivalent

After adjusting for Virginia's cost of living (above average), a Real Estate Agent's salary of $54,574 has the purchasing power of $52,984 in an average-cost area.

Real Estate Agent Salary by City in Virginia

CityMedian SalaryHourly RateEntry Level (P10)Senior (P90)Employment
Richmond, VA$54,574$26.24/hr$35,029$77,900363

Source: Bureau of Labor Statistics OEWS Survey, 2026. Sorted by median salary (highest first).

Virginia vs National Average

Real Estate Agent Salary Comparison

Virginia Average$54,574
National Average$56,620
Difference-$2,046 (-3.6%)

Employment in Virginia

There are approximately 363 Real Estate Agents employed across 1 metro area in Virginia.

Key Industries: Federal Government, Defense & Military, Technology

State Income Tax: 2% - 5.75%

Real Estate Agent Salary Range in Virginia

Entry Level (10th Percentile)

$35,029

Starting salary for new Real Estate Agents

Median (50th Percentile)

$54,574

Mid-career Real Estate Agent salary

Senior (90th Percentile)

$77,900

Top earners in the field

Real Estate Agent Salary in Neighboring States

Compare Real Estate Agent salaries in Virginia with nearby states to find the best opportunities.

Frequently Asked Questions

What is the average Real Estate Agent salary in Virginia?

The average Real Estate Agent salary in Virginia is $54,574 per year ($26.24/hour) based on 2026 data across 1 metro areas. This is 3.6% below the national average of $56,620.

What is the highest paying city for Real Estate Agents in Virginia?

Richmond, VA is the highest paying city for Real Estate Agents in Virginia, with a median salary of $54,574 per year.

What is the salary range for Real Estate Agents in Virginia?

Real Estate Agent salaries in Virginia range from $35,029 (entry-level, 10th percentile) to $77,900 (experienced, 90th percentile). The median salary is $54,574 per year.

About This Data

Salary data is sourced from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey. State-level averages are calculated from metro area data within Virginia. Figures represent 2026 estimates and may not reflect all employers or self-employed workers. Cost of living adjustments use regional indices to provide purchasing power context.