Real Estate Agent Hourly Pay in Virginia Beach, VA: $30.71 (2026)
Quick Answer:Hourly pay for a real estate agent working in Virginia Beach, VA runs $30.71 at the median for 2026 — annualizing to $63,884 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-9022). Weighted against Virginia Beach's regional price level (BEA RPP 97.9, 2% below national), each hour of work buys what $31.36 nationally would. A 24-hour part-time schedule grosses $38,331 per year.
Official BLS data · View source
In Virginia Beach, the real estate agent hourly pay stands at a median of $30.71, significantly higher than the national average of $25.78. This elevated rate reflects the region's competitive market, providing attractive earning potential for real estate professionals. For agents working part-time, such as those committing to a three-day workweek, there are ample opportunities for flexibility. Typical responsibilities involve working from brokerage office desks, conducting property tours, and attending closing tables, all of which can be done on a per-diem basis. The hourly range encompasses earnings from $17.94 for entry-level agents to about $53.62 for top performers, highlighting a broad spectrum of financial potential in this field. These figures are based on 2025 BLS OEWS data, projected to 2026, offering a valuable insight into the local economic landscape.
Real Estate Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $17.94 | $143.48 |
| Lower Range (P25) | $21.87 | $174.99 |
| Median (P50) | $30.71 | $245.71 |
| Upper Range (P75) | $39.01 | $312.05 |
| Top Earners (P90) | $53.62 | $428.98 |
Estimated Annual Income by Work Schedule in Virginia Beach
Based on $30.71/hr median hourly rate · 2026 est.
At $30.71/hr, a real estate agent working full-time (40 hr/wk) in Virginia Beach, VA can expect to earn approximately $63,885 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $36,857. With a cost-of-living index of 97.94 (below the national average), these earnings stretch further in Virginia Beach.
Hourly Rate Calculator
Schedule Comparison in Virginia Beach
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,228.56 | $5,324 | $63,885 |
| Part-Time (24 hrs) | $737.13 | $3,194 | $38,331 |
| Per Diem (16 hrs) | $491.42 | $2,129 | $25,554 |
Compare REA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Real Estate Agent (Virginia Beach) | $30.71 |
| Real Estate Broker (National Avg) | $42.96 |
| Insurance Sales Agent (National Avg) | $29.02 |
| Property / Real Estate Manager (National Avg) | $33.79 |
| Appraiser / Assessor of Real Estate (National Avg) | $37.18 |
Real Estate Agents in Virginia Beach, VA earn a median of $63,884 per year (2026 est.), which is 19.14% higher than the national median of $53,622 and 32.50% above the Virginia state average of $48,214.
Real Estate Agent Hourly Pay vs. Cost of Living
Working 24h/week at $30.71/hr = $38,331/year (purchasing power: $39,137).
Working 40h/week (full-time) = $63,885/year (purchasing power: $65,228).
CoL index: 97.941 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$24.58/hr
2025 BLS Actual
$30.26/hr
2026 Current Est.
$30.71/hr
2019–2027 Growth
+26.8%
Hourly Rate Trajectory for Real Estate Agents in Virginia Beach (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $24.58/hr | Actual |
| 2020 | $26.62/hr | Actual |
| 2021 | $28.55/hr | Actual |
| 2022 | $26.42/hr | Actual |
| 2023 | $26.98/hr | Actual |
| 2024 | $30.19/hr | Actual |
| 2025 | $30.26/hr | Actual |
| 2026(current) | $30.71/hr | Estimated |
| 2027 | $31.17/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for real estate agents in Virginia Beach grew 23.1% from $24.58/hr (2019) to $30.26/hr (2025). At a 1.50% projected growth rate, hourly pay is expected to reach $31.17/hr by 2027. Part-time and per-diem real estate agents can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Virginia Beach metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 1.50% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Working as an Hourly Real Estate Agent in Virginia Beach
For part-time agents in Virginia Beach, working a typical 24 hours per week can yield an annual income of approximately $38,070 before taxes, which can be appealing for professionals balancing other commitments. However, it's essential to recognize that real estate remains primarily a commission-based industry, where per-diem real estate agent pay in Virginia Beach is less common than in other professions. Established agents can expect hourly equivalent earnings ranging from $100 to $300 for closed transactions, while newer agents may find themselves earning an hourly equivalent below minimum wage when considering the unpaid hours spent on prospecting and client acquisition. Additionally, the structure of employment varies; national franchise brokerages typically guarantee some base salary, while independent and fee-based brokerages may offer less stability but potentially higher commission splits. As the market continues to evolve, especially post-2024 NAR commission settlement, agents should be equipped to negotiate their compensation carefully, weighing hourly pay against benefits like health insurance. The key is understanding the unique characteristics of varying employer types in Virginia Beach and adapting accordingly for optimal financial outcomes.
More salary data for Virginia Beach, VA:
Frequently Asked Questions
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Written by Maria Gonzalez, REALTOR®
Career Analyst
Maria has 10 years of experience as a real estate agent. She specializes in residential properties. She works with a large brokerage in Texas.
Methodology & Data Source
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 1.50% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for real estate agents in Virginia Beach. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Source: BLS, OEWS, 7-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 1.50%, derived from historical BLS wage trends for real estate agents (SOC 41-9022).
Compiled and verified by Maria Gonzalez, REALTOR®, a licensed real estate agent with 10+ years of clinical experience. · View source data at BLS.gov