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

Arlington, VA
$71,281
Pop. 238,643
Virginia Beach, VA
$55,672
Pop. 449,974
Richmond, VA
$54,632
Pop. 226,610
Chesapeake, VA
$53,591
Pop. 249,422

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.