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 $69K last month, up 48.4% since last year. The median sale price per square foot in Oil City is $56, up 6.6% since last year.
Oil City Housing Market Trends
In March 2024, Oil City home prices were up 48.4% compared to last year, selling for a median price of $69K. There were 6 homes sold in March this year, up from 4 last year.
since last year
since last year
How much is your home worth? Track your home’s value and compare it to nearby sales.
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 6 months
- Multiple offers are rare.
- The average homes sell for about 10% below list price and go pending in around 129 days.
- Hot homescan sell for around list price and go pending in around 48 days.
Oil City Migration & Relocation Trends
Home offer insights for Oil City
Recent offers
View houses in Oil City that sold recently
Recently sold homes
- $31,000 Last Sold Price1 bed1 bath680 sq ft514 1/2 Hoffman Ave, Oil City, PA 16301List Price$39,900Sale to List22% under listDays on Market142 days514 1/2 Hoffman Ave, Oil City, PA 16301
- $149,900 Last Sold Price3 beds1.5 baths1,176 sq ft9 S Park Ave, Oil City, PA 16301List Price$149,900Sale to List0% over listDays on Market59 days9 S Park Ave, Oil City, PA 16301
- $200,000 Last Sold Price3 beds3 baths1,685 sq ft201 Woodland Dr, Oil City, PA 16301List Price$200,000Sale to List0% over listDays on Market220 days201 Woodland Dr, Oil City, PA 16301
- $81,000 Last Sold Price3 beds2 baths2,152 sq ft316 W Third St, Oil City, PA 16301REALTY ONE GROUP GOLD STANDARD REALTY ONE GROUP GOLD STANDARDList Price$85,000Sale to List5% under listDays on Market56 days316 W Third St, Oil City, PA 16301
- $71,900 Last Sold Price2 beds1 bath896 sq ft984 State Route 227, Oil City, PA 16301List Price$71,900Sale to List0% over listDays on Market100 days984 State Route 227, Oil City, PA 16301
- $60,0003 beds1 bath1,652 sq ft219 Hoffman Ave, Oil City, PA 16301Days on Market—219 Hoffman Ave, Oil City, PA 16301
- $84,0005 beds1 bath1,716 sq ft1005 W 2nd St, Oil City, PA 16301Days on Market—1005 W 2nd St, Oil City, PA 16301
- $18,000 Last Sold Price4 beds2 baths1,600 sq ft502 Bissell Ave, Oil City, PA 16301List Price$19,900Sale to List10% under listDays on Market351 days502 Bissell Ave, 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
4/10 Seventh Street School Public • 2-4 | 171 Students | N/A |
4/10 Oil City Area Middle School Public • 5-8 | 569 Students | N/A |
4/10 Hasson Heights School Public • K-4 | 384 Students | 3 reviews |
NR Smedley Street School Public • K-1 | 92 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 - Extreme
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minimal
Wind Factor
Heat Factor - Moderate
Heat Factor
Transportation in Oil City
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