Real Estate Agent Salary in Blacksburg, VA: $45,239 (2026)
Quick Answer:A full-time real estate agent in Blacksburg, VA earns a median $45,239/year (≈ $21.75/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Blacksburg's price level (7% below national, BEA RPP 92.7), that paycheck buys what $48,796 would nationally. Nominal pay sits 6.1% below the Virginia state average.
Official BLS data · View source
In 2026, the real estate agent salary in Blacksburg, Virginia is projected to reach a median annual income of $45,239, which is notably lower than the national median of $53,622. This income reflects a wide salary range, with entry-level agents earning as little as $28,217 while top-tier agents can make $119,740 a year. These figures, derived from projections based on 2025 BLS OEWS data, indicate the ongoing impact of the post-2024 NAR settlement, which has altered commission structures and fueled a higher demand for agent services in the area. As the job market continues to adjust, aspiring agents in Blacksburg may need to adapt their strategies to capitalize on the evolving landscape of real estate compensation.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $28,217 | $13.56 |
| Lower Range (P25) | $37,129 | $17.85 |
| Median (P50)(typical) | $45,239 | $21.75 |
| Upper Range (P75) | $93,684 | $45.04 |
| Top Earners (P90) | $119,740 | $57.57 |
Median Salary Position
15.63% below the national average
2026 Salary Percentile Distribution in Blacksburg
In Blacksburg, VA, the real estate agent salary spread from the 10th to 90th percentile is $91,523 (2026 est.). At $45,239, the local median is 15.63% below the national median of $53,622.
Salary Calculator
At 40 hours/week in Blacksburg: You'd be in the entry-level range
How Blacksburg Real Estate Agent Pay Compares
Blacksburg median: $45,239/year (2026)
| Compared To | Median Salary | Blacksburg Pays |
|---|---|---|
| Virginia Average | $48,177 | -6.10% less |
| National Average | $53,622 | -15.63% less |
Real Estate Agents in Blacksburg, VA earn a median of $45,239 per year (2026 est.), which is 15.63% lower than the national median of $53,622 and 6.10% below the Virginia state average of $48,177.
Cost-of-Living Adjusted Salary
Blacksburg has a cost of living 7.29% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Blacksburg, VA has a cost-of-living index of 92.71 (below the national average of 100). A real estate agent earning $45,239 nominally has purchasing power equivalent to $48,796 in an average-cost city — an effective 7.86% boost.
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2019 BLS Actual
$36,130
2025 BLS Actual
$44,570
2026 Current Est.
$45,239
2019–2027 Growth
+27.1%
Salary Trajectory for Real Estate Agents in Blacksburg (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $36,130 | Actual |
| 2020 | $36,090 | Actual |
| 2021 | $47,210 | Actual |
| 2022 | $50,390 | Actual |
| 2023 | $43,370 | Actual |
| 2024 | $47,720 | Actual |
| 2025 | $44,570 | Actual |
| 2026(current) | $45,239 | Estimated |
| 2027 | $45,917 | Projected |
Based on 7 years of BLS OEWS data for the Blacksburg metropolitan area, the median real estate agent salary grew 23.4% from $36,130 (2019) to $44,570 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $45,917 by 2027 — a total increase of $9,787 (27.09%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Blacksburg 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.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $28,217 – $37,129 |
| 3-5 years (Mid Career) | $37,129 – $45,239 |
| 5+ years (Experienced) | $45,239 – $93,684 |
| 10+ years (Top Earner) | $93,684 – $119,740 |
REA salary ranges estimated from BLS percentile data. Individual real estate agent compensation varies by employer, certifications, and specialization.
Real Estate Agent Job Market in Blacksburg
When examining real estate agent pay in Blacksburg VA, the local job market reveals a consistent demand for skilled agents, particularly in residential transactions. With a cost-of-living index of 92.71, Blacksburg offers a slightly lower housing expense compared to the national average, potentially enhancing purchasing power for agents despite their median salary being below the national benchmark. Leading pay among local employers is often observed within national franchise brokerages like Keller Williams and RE/MAX, known for their extensive networks and training programs, which are pivotal in attracting serious clients. Variance in earnings can stem from transaction volumes, sales price averages, and commission splits, which influence how much do real estate agents make in Blacksburg. New agents should consider focusing on high-demand niches or joining teams to better navigate fluctuations resulting from shifts in commission structures. Ultimately, developing a robust referral network and leveraging local expertise can be key strategies to elevate income potential within this dynamic market.
More salary data for Blacksburg, 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
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $44,570 for real estate agentsin the Blacksburg metropolitan area. A 1.50% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
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