Oil City, PA Housing Market

$84,525

11.8% 1-yr

The average Oil City, PA home value is $84,525, down 11.8% over the past year.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Oil City Key Takeaways

Typical Home Values: $84,525

1-year Value Change: -11.8%

(Data through January 31, 2026)

Oil City Housing Market Overview

--1-year Market Forecast

55For sale inventory(January 31, 2026)

9New listings(January 31, 2026)

--Median sale to list ratio

--Median sale price(December 31, 2025)

$105,650Median list price(January 31, 2026)

--Percent of sales over list price

--Percent of sales under list price

--Median days to pending

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Oil City

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Oil City Homes for Sale

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Oil City Rental Market Trends

--Average rent in Oil City

$1,895National average rent(January 31, 2026)

--Month-over-month change

--Year-over-year change

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.