Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Job outlook for real estate managers in the United States
Real estate manager job growth summary. After extensive research, interviews, and analysis, Zippia's data science team found that:
The projected real estate manager job growth rate is 3% from 2018-2028.
About 11,100 new jobs for real estate managers are projected over the next decade.
Real estate manager salaries have increased 5% for real estate managers in the last 5 years.
There are over 8,017 real estate managers currently employed in the United States.
There are 24,751 active real estate manager job openings in the US.
The average real estate manager salary is $86,874.
Are real estate manager jobs in demand?
Real estate manager job and salary trends over time
Real estate manager jobs over time
Real estate manager job growth rate over time
| Year | # of jobs | % of population |
|---|---|---|
| 2021 | 8,017 | 0.00% |
| 2020 | 7,509 | 0.00% |
| 2019 | 7,541 | 0.00% |
| 2018 | 6,920 | 0.00% |
| 2017 | 6,379 | 0.00% |
Average real estate manager salary over time
Real estate manager salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $86,874 | $41.77 | +1.5% |
| 2024 | $85,564 | $41.14 | +0.7% |
| 2023 | $84,952 | $40.84 | --0.6% |
| 2022 | $85,433 | $41.07 | +2.9% |
| 2021 | $83,059 | $39.93 | +3.0% |
Real estate manager jobs by state
Most common states for real estate managers
| Rank | State | Population | # of jobs | Employment/ 1000ppl |
|---|---|---|---|---|
| 1 | District of Columbia | 693,972 | 184 | 27% |
| 2 | Massachusetts | 6,859,819 | 1,174 | 17% |
| 3 | Delaware | 961,939 | 148 | 15% |
| 4 | Iowa | 3,145,711 | 440 | 14% |
| 5 | Connecticut | 3,588,184 | 438 | 12% |
| 6 | New Hampshire | 1,342,795 | 140 | 10% |
| 7 | Pennsylvania | 12,805,537 | 1,134 | 9% |
| 8 | Arizona | 7,016,270 | 634 | 9% |
| 9 | Rhode Island | 1,059,639 | 97 | 9% |
| 10 | New Jersey | 9,005,644 | 738 | 8% |
| 11 | Virginia | 8,470,020 | 642 | 8% |
| 12 | Tennessee | 6,715,984 | 530 | 8% |
| 13 | Maryland | 6,052,177 | 507 | 8% |
| 14 | Alabama | 4,874,747 | 404 | 8% |
| 15 | Vermont | 623,657 | 53 | 8% |
| 16 | Illinois | 12,802,023 | 860 | 7% |
| 17 | Colorado | 5,607,154 | 374 | 7% |
| 18 | Kentucky | 4,454,189 | 300 | 7% |
| 19 | Oregon | 4,142,776 | 273 | 7% |
| 20 | Nebraska | 1,920,076 | 133 | 7% |
Most common cities for real estate managers
| Rank | City | # of jobs | Employment/ 1000ppl | Avg. salary |
|---|---|---|---|---|
| 1 | Atlanta | 17 | 4% | $61,488 |
| 2 | Birmingham | 7 | 3% | $68,919 |
| 3 | Orlando | 7 | 3% | $69,622 |
| 4 | San Francisco | 16 | 2% | $102,832 |
| 5 | Washington | 13 | 2% | $87,015 |
| 6 | Miami | 11 | 2% | $69,650 |
| 7 | Minneapolis | 7 | 2% | $78,105 |
| 8 | Tampa | 7 | 2% | $70,045 |
| 9 | Irvine | 6 | 2% | $88,012 |
| 10 | Chicago | 24 | 1% | $84,600 |
| 11 | Phoenix | 11 | 1% | $82,265 |
| 12 | Boston | 10 | 1% | $93,598 |
| 13 | Baltimore | 9 | 1% | $78,701 |
| 14 | San Diego | 9 | 1% | $86,710 |
| 15 | Indianapolis | 8 | 1% | $72,911 |
| 16 | Sacramento | 7 | 1% | $102,500 |
| 17 | Denver | 6 | 1% | $71,475 |
| 18 | Jacksonville | 6 | 1% | $70,109 |
| 19 | Detroit | 5 | 1% | $81,206 |
| 20 | Los Angeles | 16 | 0% | $88,960 |
Real Estate Manager job outlook: Expert opinions
Our panel of real estate manager experts
Clemson University
Weber State University
What Real Estate Manager skills would you recommend for someone trying to advance their career?
Stephen Buckman: The soft skills and the ability to think analytically. I come across so many students that could slap a proforma together but can't really tell you what it means. You should be able to explain a deal on the back of a napkin in five minutes. But this really goes back to my first point of spending time outside of the 9-5 work day and going to functions etc.
What will help Real Estate Managers increase their earning potential?
Stephen Buckman: Make yourself valuable. Just because you can crunch a proforma or do a detailed spread sheet doesn't mean you are valuable. Find your niche where you become that valuable piece. Plus when you are young without a lot to lose is the time to take risks. You will fail but you will fail forward. Learning from those mistakes when you don't have a lot to lose is so important.
Pieter Van Der Have
Chair, Construction and Building Sciences (CBS), Program Coordinator & Instructor, Facilities Management ProgramsWeber State University
Department of Construction and Building Sciences
What soft skills should all Real Estate Managers possess?
Pieter Van Der Have: People skills are always important but have to be tempered by legal and fiscal accountabilities. In many cases, the p.m. may end up being a project manager responsible for managing contracts and contractors.
What skills stand out on Real Estate Manager resumes?
Pieter Van Der Have: Communication and financial/accounting skills, closely followed by an understanding of how "smart" buildings function.
What skills will help Real Estate Managers earn the most?
Pieter Van Der Have: I believe understanding the true vision/purpose and the culture of the enterprise (company) is extremely essential to a successful career. Coupled, of course, with the ability to implement long-term planning activities and processes in support (exceeding?) the vision of the enterprise.
What hard/technical skills are most important for Real Estate Managers?
Pieter Van Der Have: Up-to-date computer skills are certainly desirable. I don't necessarily recommend that a p.m. have plumbing or electrical skills, though a general understanding of building systems could frequently be very useful.