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 $114K last month, up 44.3% since last year. The median sale price per square foot in Oil City is $81, up 39.7% since last year.
Oil City Housing Market Trends
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.

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 9% below list price and go pending in around 125 days.
- Hot homescan sell for around list price and go pending in around 60 days.
Oil City Migration & Relocation Trends
View houses in Oil City that sold recently
Recently sold homes
- $64,900 Last Sold Price3 beds2 baths1,424 sq ft6 Innis St, Oil City, PA 16301List Price$64,900Sale to List0% over listDays on Market37 days6 Innis St, Oil City, PA 16301
- $239,900 Last Sold Price7 beds3.5 baths4,463 sq ft113 Innis St, Oil City, PA 16301List Price$239,900Sale to List0% over listDays on Market614 days113 Innis St, Oil City, PA 16301
- $75,000 Last Sold Price3 beds1 bath917 sq ft714 Allegheny Ave, Oil City, PA 16301List Price$87,900Sale to List15% under listDays on Market59 days714 Allegheny Ave, Oil City, PA 16301
- $18,000 Last Sold Price3 beds1.5 baths1,426 sq ft14 East Fifth St, Oil City, PA 16301List Price$25,000Sale to List28% under listDays on Market185 days14 East Fifth St, Oil City, PA 16301
- $128,000 Last Sold Price3 beds1 bath1,050 sq ft11 Rich St, Oil City, PA 16301List Price$135,000Sale to List5% under listDays on Market50 days11 Rich St, Oil City, PA 16301
- $150,000 Last Sold Price5 beds4.75 baths4,732 sq ft211 W Third St, Oil City, PA 16301List Price$150,000Sale to List0% over listDays on Market61 days211 W Third St, Oil City, PA 16301
- $233,900 Last Sold Price4 beds2 baths2,711 sq ft10 Crestview Dr, Oil City, PA 16301List Price$259,900Sale to List10% under listDays on Market83 days10 Crestview Dr, Oil City, PA 16301
- $245,0003 beds2 baths2,527 sq ft45 Paul Revere Rd, Oil City, PA 16301List Price—Sale to List—Days on Market—45 Paul Revere Rd, 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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