Photo: Mavisd · CC BY-SA 3.061 homes sold in Oil City in the last year, at a typical $89K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Oil City homes are listed.
Every place Oil City homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Oil City.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 83% of Oil City’s sales, at a typical $75K (year to May 2026)
61 homes sold in the year to September 2026.
typical sale · 63 sold in the year to May 2026
- Per square foot
- $42PA $183
- Days to sell
- 88
- Sold over asking
- 17%
- Listings with a price cut
- 23%
Multi-family (2–4 units): 13 sold, typical $81K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2023, at 2.3 times the 2016 price
61 sales in the last year, against 129 in 2022 and a low of 53 in 2016. The typical sale went from $39K in 2016 to $89K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $150K buys in Oil City
Check a listing against what Oil City homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Oil City are back to pre-pandemic levels, and more homes are for sale
We read every month of Oil City’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 61 sales.
If you’re buying in Oil City
- Shop in June. It brings about 7 new listings a month, close to the busiest month, with fewer bidding wars (8% over asking).
- Offer under asking. Buyers paid 93.3% of the list price on average; 12% paid over.
- You’ll usually have time. Only 23% of homes go under contract within two weeks; the typical one takes 92 days.
Spring brings the homes; fall brings the bidding wars
May has the most new listings (about 8 a month), but September is the most competitive: 20% of September sales close over asking. February has the least competition (2%) but only about 4 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and calmer than Pennsylvania
| Oil City now | 2017–19 | 2021 peak | PA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 12% | 10% | 14% | 30% |
| Gone within two weeksShare of homes under contract within 14 days | 23% | 0% | 1% | 45% |
| Price paid vs. askingAverage sale price ÷ list price | 93.3% | 90.5% | 92.4% | 98.7% |
| Days to sellMedian days from listing to contract | 92 | 220 | 120 | 39 |
34 homes for sale on a typical day
That’s 2.3 times the 2012 low (15) and 46% more than in 2017–19.
Oil City ranks 256th of 264 busy Pennsylvania markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Oil City is one of the state’s calmer markets.
Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Oil City home costs about $599 a month
Price: Oil City’s typical sale, last 12 months. Property tax at Oil City’s 1.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Oil City is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 3.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $89K home, about $1,620 a year.
Taxes vs. neighborsSchools
The schools grade for Oil City, from test results, graduation and how much students grow.
Schools in Oil CityTypical commute
The average one-way trip to work for people who live in Oil City.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Franklin sells for less a square foot; Sugarcreek, Titusville and Clarion for far more
The busier markets within 25 miles of Oil City, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Franklin | 63 | $89K | $47 | 5% | 92 |
| Oil City | 61 | $89K | $49 | 12% | 92 |
| Titusville | 47 | $107K | $62 | 7% | 71 |
| Sugarcreek | 43 | $142K | $97 | 15% | 84 |
| Clarion | 28 | $189K | $91 | 8% | 103 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Oil City, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Oil City. People who follow the town see it, and so do people comparing Oil City with their own town. No commission, no listing fee.
Questions about buying a home in Oil City
What do homes sell for in Oil City, PA?
61 homes sold in the year to September 2026 at a typical $89K, $49 a square foot.
Is Oil City a buyer’s or seller’s market?
A buyer’s market: 40 homes were for sale in September 2026 and 6 sold, about 6.7 months of supply. Buyers paid 93.3% of asking on average.
When is the best time to buy in Oil City?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Oil City?
About 1.8% of a home’s value a year. On a $89K home that’s near $1,620.
Where can I see homes for sale in Oil City?
Zillow, Redfin, Realtor.com and Homes.com all carry Oil City’s MLS listings; the search links above open each one filtered to Oil City.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).