Oil City, PA Housing Market
The Oil City housing market is not very competitive. The median sale price of a home in Oil City was $68K last month, down 24.6% since last year. The median sale price per square foot in Oil City is $45, down 11.8% since last year.
Oil City Housing Market Trends
In June 2025, Oil City home prices were down 24.6% compared to last year, selling for a median price of $68K. On average, homes in Oil City sell after 56 days on the market compared to 58 days last year. There were 13 homes sold in June this year, up from 7 last year.

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How hot is the Oil City housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Multiple offers are rare.
- The average homes sell for about 6% below list price and go pending in around 63 days.
- Hot homescan sell for around list price and go pending in around 46 days.
Oil City Migration & Relocation Trends
View houses in Oil City that sold recently
Recently sold homes
- $130,000 Last Sold Price4 beds1.5 baths2,146 sq ft148 West 3rd St, Oil City, PA 16301List Price$139,000Sale to List6% under listDays on Market70 days148 West 3rd St, Oil City, PA 16301
- $64,700 Last Sold Price5 beds2 baths1,750 sq ft375 Emerald St, Oil City, PA 16301List Price$69,900Sale to List7% under listDays on Market161 days375 Emerald St, Oil City, PA 16301
- $105,000 Last Sold Price5 beds2 baths2,948 sq ft407 Bissell Ave, Oil City, PA 16301List Price$115,000Sale to List9% under listDays on Market64 days407 Bissell Ave, Oil City, PA 16301
- $107,500 Last Sold Price5 beds2 baths2,184 sq ft409 Bissell Ave, Oil City, PA 16301List Price$125,000Sale to List14% under listDays on Market64 days409 Bissell Ave, Oil City, PA 16301
- $27,000 Last Sold Price5 beds3 baths3,848 sq ft604 W First St, Oil City, PA 16301List Price$29,900Sale to List10% under listDays on Market57 days604 W First St, Oil City, PA 16301
- $67,5003 beds1.5 baths1,458 sq ft121 W Front St, Oil City, PA 16301List Price—Sale to List—Days on Market—121 W Front St, Oil City, PA 16301
- $107,000 Last Sold Price4 beds1.5 baths1,946 sq ft284 Linden Ave, Oil City, PA 16301BERKSHIRE HATHAWAY THE PREFERRED REALTY BERKSHIRE HATHAWAY THE PREFERRED REALTYList Price$114,900Sale to List7% under listDays on Market124 days284 Linden Ave, Oil City, PA 16301
- $67,500 Last Sold Price3 beds1.5 baths1,458 sq ft121 W Front, Oil City, PA 16301REAL OF PENNSYLVANIA 1ST RATE REALTY LLCList Price$69,900Sale to List3% under listDays on Market52 days121 W Front, Oil City, PA 16301
See all recently sold homes in Oil City.
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Schools in Oil City
- Elementary
- Middle
- High
GreatSchools Rating
6/10 Oil City Area Middle School Public • 5-8 | 582 Students | N/A |
6/10 Hasson Heights School Public • K-4 | 385 Students | 3 reviews |
5/10 Seventh Street School Public • 2-4 | 156 Students | N/A |
NR Smedley Street School Public • K-1 | 102 Students | 1 reviews |
Climate's impact on Oil City housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Oil City.
Flood Factor - Severe
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Minimal
Wind Factor

Heat Factor - Moderate
Heat Factor

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