Business & Finance Norfolk, VA Pop. 238,005

Real Estate Agent Salary in Norfolk, Virginia

The median real estate agent salary in Norfolk, VA is $52,550 per year, which is 1.0% above the national median and 7.3% below the Virginia state average.

City Median
$52,550
vs State Avg
$-4,163
vs National
+$520
Cost of Living
96%

Real Estate Agent Salary in Norfolk by Experience

In Norfolk, an entry-level real estate agent earns around $30,300, while experienced professionals earn up to $111,100 per year. The local cost of living index is 96% of the national average.

Entry Level (0-2 yrs)
$30,300
+$300 vs national
Mid Level (3-7 yrs)
$55,550
+$550 vs national
Senior Level (8+ yrs)
$111,100
+$1,100 vs national

Salary Percentiles in Norfolk, VA

Percentile Norfolk
10th Percentile $29,088
25th Percentile $35,754
Median (50th) $52,550
75th Percentile $76,962
90th Percentile $113,524

Real Estate Agent Salary in Other Virginia Cities

How to Become a Real Estate Agent in Norfolk

Education

Most real estate agent positions require a high school diploma. Norfolk and the surrounding Virginia area have institutions offering relevant programs.

Key Skills

NegotiationMarket AnalysisCustomer ServiceMLS SystemsMarketingContract Knowledge

Job Outlook

Nationally, real estate agent employment is projected to grow 3% over the next decade (as fast as average). Demand in Norfolk may vary based on local industry and population growth.

Find Real Estate Agent Jobs in Norfolk

Browse open real estate agent positions in Norfolk, VA:

Frequently Asked Questions: Real Estate Agent Salary in Norfolk

How much does a Real Estate Agent make in Norfolk, VA?
The median real estate agent salary in Norfolk, Virginia is $52,550 per year, which is 1.0% above the national median of $52,030. Salaries range from $29,088 (10th percentile) to $113,524 (90th percentile).
How much does a Real Estate Agent make per hour in Norfolk?
Based on the median annual salary of $52,550, a real estate agent in Norfolk earns approximately $25 per hour assuming a standard 2,080-hour work year.
How does Norfolk compare to the Virginia state average for real estate agent pay?
Norfolk's median real estate agent salary of $52,550 is 7.3% below the Virginia state average of $56,713. The local cost of living index is 96% of the national average.
What is the cost of living in Norfolk, VA?
Norfolk has a cost of living index of 96% compared to the national average. This means a real estate agent salary of $52,550 in Norfolk has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a real estate agent in Norfolk?
Most real estate agent positions in Norfolk require a high school diploma. Key skills include Negotiation, Market Analysis, Customer Service, MLS Systems. The job market is projected to grow 3% nationally over the next decade.