Real Estate Agent Hourly Pay in Roanoke, VA: $23.15 (2026)
Quick Answer:Hourly pay for a real estate agent working in Roanoke, VA runs $23.15 at the median for 2026 — annualizing to $48,162 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-9022). Weighted against Roanoke's regional price level (BEA RPP 93.6, 6% below national), each hour of work buys what $24.73 nationally would. A 24-hour part-time schedule grosses $28,894 per year.
Official BLS data · View source
Real estate agents in Roanoke, Virginia, are projected to earn a median hourly rate of $23.15 in 2026, which is notably lower than the national median of $25.78. This variation in pay can significantly affect agents working part-time or on a per-diem basis, particularly as they balance time between brokerage office tasks, client property tours, and negotiations at title companies. For those stepping into the field, hourly earnings can range from $18.16 for entry-level positions to $44.45 for experienced top earners. This data, derived from the official Bureau of Labor Statistics (BLS), highlights the income potential based on a typical work schedule, where many real estate professionals often take on the flexibility of freelance roles and commission-based pay schemes.
Real Estate Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $18.16 | $145.27 |
| Lower Range (P25) | $20.99 | $167.92 |
| Median (P50) | $23.15 | $185.22 |
| Upper Range (P75) | $37.36 | $298.90 |
| Top Earners (P90) | $44.45 | $355.57 |
Estimated Annual Income by Work Schedule in Roanoke
Based on $23.15/hr median hourly rate · 2026 est.
At $23.15/hr, a real estate agent working full-time (40 hr/wk) in Roanoke, VA can expect to earn approximately $48,156 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $27,783. With a cost-of-living index of 93.62 (below the national average), these earnings stretch further in Roanoke.
Hourly Rate Calculator
Schedule Comparison in Roanoke
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $926.09 | $4,013 | $48,156 |
| Part-Time (24 hrs) | $555.65 | $2,408 | $28,894 |
| Per Diem (16 hrs) | $370.43 | $1,605 | $19,263 |
Compare REA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Real Estate Agent (Roanoke) | $23.15 |
| 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 Roanoke, VA earn a median of $48,162 per year (2026 est.), which is 10.18% lower than the national median of $53,622 and 0.10% below the Virginia state average of $48,210.
Real Estate Agent Hourly Pay vs. Cost of Living
Working 24h/week at $23.15/hr = $28,894/year (purchasing power: $30,864).
Working 40h/week (full-time) = $48,156/year (purchasing power: $51,439).
CoL index: 93.618 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$21.13/hr
2025 BLS Actual
$22.81/hr
2026 Current Est.
$23.15/hr
2019–2027 Growth
+11.2%
Hourly Rate Trajectory for Real Estate Agents in Roanoke (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $21.13/hr | Actual |
| 2020 | $21.17/hr | Actual |
| 2021 | $23.36/hr | Actual |
| 2022 | $28.65/hr | Actual |
| 2023 | $24.88/hr | Actual |
| 2024 | $23.33/hr | Actual |
| 2025 | $22.81/hr | Actual |
| 2026(current) | $23.15/hr | Estimated |
| 2027 | $23.50/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for real estate agents in Roanoke grew 8.0% from $21.13/hr (2019) to $22.81/hr (2025). At a 1.50% projected growth rate, hourly pay is expected to reach $23.50/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 Roanoke 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 Roanoke
In terms of earnings for part-time agents who may work three days a week, their annual income can be considerably lower than that of their full-time counterparts, particularly since real estate commissions are often the primary source of income. For those considering agency or locum roles, the reality of how commission structures function in Roanoke can lead to hourly equivalents that widely vary, with seasoned agents potentially bringing in $100-$300 per hour when factoring in commissions. Conversely, newer agents might find their effective hourly rate dips below minimum wage when unpaid prospecting is considered. Agents affiliated with national franchise brokerages typically have higher wage expectations compared to those at local independents or discount firms. While lower hourly wages may attract some to work in roles that provide health benefits, others may prefer the flexibility that comes with higher commission-based pay. Understanding these nuances is crucial for negotiating fair compensation tailored to individual career paths in the competitive environment of Roanoke's real estate market.
More salary data for Roanoke, VA:
Frequently Asked Questions
What is the hourly rate for real estate agents in Roanoke in 2026?
How much do part-time real estate agents make in Roanoke?
Are real estate agents in Roanoke paid hourly or salary?
How much does a full-time real estate agent make per year in Roanoke?
Do real estate agents earn more per hour working part-time in Roanoke?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Virginia
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 Roanoke. 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, 5-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