The Oil City housing market is not very competitive. The median sale price of a home in Oil City was $114K last month, up 44.3% since last year. The median sale price per square foot in Oil City is $41, down 19.6% since last year.
What is the housing market like in Oil City today?
In May 2025, Oil City home prices were up 44.3% compared to last year, selling for a median price of $114K. On average, homes in Oil City sell after 84 days on the market compared to 149 days last year. There were 7 homes sold in May this year, down from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$114,000
+44.3% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Oil City, PA
$114,000
+44.3%
United States
To compare other locations to the Oil City and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Oil City add value to a home.
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How hot is the Oil City housing market?
Oil City is not very competitive. Homes sell in 125 days.
0
100
11
Not Very Competitive
Redfin Compete Score™
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 9% below list price and go pending in around 125 days.
Hot homes
can sell for around list price and go pending in around 56 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
92.7%
+1.4 pt YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Oil City, PA
92.7%
+1.4 pt
United States
Oil City Migration & Relocation Trends
No data on migration and relocation available in this area right now
Learn about migration trends in nearby cities
View houses in Oil City that sold recently
Recently sold homes
SOLD JUN 30, 2025
$107,000 Last Sold Price
4 beds
1.5 baths
1,946 sq ft
284 Linden Ave, Oil City, PA 16301
BERKSHIRE HATHAWAY THE PREFERRED REALTY BERKSHIRE HATHAWAY THE PREFERRED REALTY
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
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
18% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Oil City has a severe risk of flooding. 821 properties in Oil City are likely to be
severely affected
by flooding over the next 30 years. This represents 18% of all properties in Oil City. Flood risk is increasing slower than the national average.
95% of properties are at risk of wildfire over the next 30 years
Fire Factor
Oil City has a moderate risk of wildfire. There are 5,334 properties in Oil City that have some risk of being affected by wildfire over the next 30 years. This represents 95% of all properties in Oil City.