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Oil City, PA Real Estate & Property Data

Oil City Real Estate Market Trends

Last Updated: April 27, 2024

Accurate and comprehensive real estate data is critical for insight into Oil City, PA. ATTOM’s Oil City real estate data is updated daily, and current market trends show that in Oil City, PA a total of 176 residential properties have sold over the past year. With a median home price of $115,250 in Oil City and a total of 1 foreclosures. Get detailed property data for Oil City, PA instantly. ATTOM is your one-stop-shop for the Oil City property reports and real estate data you need in Oil City, PA.

Oil City Real Estate Market Trends

Get property data for any address in Oil City, PA or the country:

Total Residential Properties 7,355

Total Commercial Properties 473

Avg. Home Age (Single Family Home) 73 Years

Avg. Square Feet (Single Family Home) 1,508

Total 2024 Residential Sales (year-to-date) 21

% of Homes Seriously Underwater (Q2 2024) 1.76%

Total 2023 Residential Sales 170

% of Equity Rich Homes (Q2 2024) 20.24%

Effective 2023 Property Tax 1.61%

Total Foreclosure Filings (year-to-date) 3

Oil City, PA Real Estate Overview

There were 176 residential properties sold in the past year in Oil City, PA. The median home value in Oil City, PA is $88,681. There are a total of 7,355 residential properties in the Oil City.

Median Sales Price i

$115,250

(Feb 2024)

+8.2%

year-over-year

y-o-y

February '24 Feb '24 $115,250
January '24 Jan '24 $107,750
December '23 Dec '23 $65,000
November '23 Nov '23 $209,250
October '23 Oct '23 $87,187
September '23 Sep '23 $117,000
August '23 Aug '23 $128,950
July '23 Jul '23 $139,400
June '23 Jun '23 $108,750
May '23 May '23 $37,500
April '23 Apr '23 $87,250
March '23 Mar '23 $48,000

Median Down Payment i

$25,600

(Feb 2024)

+156.3%

year-over-year

y-o-y

February '24 Feb '24 $25,600
January '24 Jan '24 $29,580
December '23 Dec '23 $1,950
November '23 Nov '23 $24,195
October '23 Oct '23 $30,000
September '23 Sep '23 $4,220
August '23 Aug '23 $10,000
July '23 Jul '23 $2,961
June '23 Jun '23 $5,969
May '23 May '23 $56,000
April '23 Apr '23 $4,100
March '23 Mar '23 $5,925

Number of Homes Sold i

10

(Feb 2024)

+42.9%

year-over-year

y-o-y

February '24 Feb '24 10
January '24 Jan '24 11
December '23 Dec '23 11
November '23 Nov '23 14
October '23 Oct '23 14
September '23 Sep '23 12
August '23 Aug '23 23
July '23 Jul '23 19
June '23 Jun '23 11
May '23 May '23 21
April '23 Apr '23 12
March '23 Mar '23 11

Number of Purchase Loans i

4

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 4
January '24 Jan '24 6
December '23 Dec '23 6
November '23 Nov '23 2
October '23 Oct '23 6
September '23 Sep '23 6
August '23 Aug '23 13
July '23 Jul '23 6
June '23 Jun '23 7
May '23 May '23 5
April '23 Apr '23 7
March '23 Mar '23 9

Number of REFI Loans i

6

(Feb 2024)

+50%

year-over-year

y-o-y

February '24 Feb '24 6
January '24 Jan '24 10
December '23 Dec '23 7
November '23 Nov '23 6
October '23 Oct '23 14
September '23 Sep '23 11
August '23 Aug '23 16
July '23 Jul '23 19
June '23 Jun '23 7
May '23 May '23 11
April '23 Apr '23 6
March '23 Mar '23 12

Number of HELOC Loans i

7

(Feb 2024)

+133.3%

year-over-year

y-o-y

February '24 Feb '24 7
January '24 Jan '24 6
December '23 Dec '23 5
November '23 Nov '23 6
October '23 Oct '23 4
September '23 Sep '23 12
August '23 Aug '23 6
July '23 Jul '23 5
June '23 Jun '23 6
May '23 May '23 4
April '23 Apr '23 2
March '23 Mar '23 6

Oil City, PA Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

16301
$88,681 $58.81/sqft

Oil City, PA Foreclosure Activity

There were a total of 1 Oil City, PA properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

1

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 1
January '24 Jan '24 2
December '23 Dec '23 N/A
November '23 Nov '23 3
October '23 Oct '23 2
September '23 Sep '23 1
August '23 Aug '23 2
July '23 Jul '23 2
June '23 Jun '23 2
May '23 May '23 N/A
April '23 Apr '23 2
March '23 Mar '23 2

Foreclosure Starts i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 1
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 3
December '23 Dec '23 2
November '23 Nov '23 N/A
October '23 Oct '23 1
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 2
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

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