Housing in Oil City, PA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$112,500
Median List Price
$39,450
Price Per Sq Ft
$61
Days on Market
79
Active Inventory
39
Months of Supply
19.5
Buyer's market
Zillow Home Value
$84,525
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
92.2%
Buyer's market
Market Activity
Source: RedfinHomes Sold
2
New Listings
8
Pending Sales
6
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$61
Median List $/SF
$24
Oil City vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Oil City is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$66,600
Median Rent
$799
Total Housing Units
4,661
Vacancy Rate
14.4%
Owner Occupied
61.4%
Renter Occupied
38.6%
Median Property Tax
$1,315
per year
Monthly Cost (w/ Mortgage)
$587
Housing Types
The current median sale price in Oil City, PA is $112,500 according to Redfin data. Homes spend a median of 79 days on the market. 0.0% of homes sold above asking price. The market has 19.5 months of supply. The median price per square foot is $61. The median rent is $799 per month (Census ACS). About 61.4% of housing units are owner-occupied. The median year homes were built is 1938. There are 4,661 total housing units.