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Oil City real estate Market Report.

Information and statistics on the latest trends in the Oil City real estate market. *

Latest Rolling 3-Month Snapshot

Jul 1, 2026 - Sep 30, 2026

Median sale price
$80K
-41% from Q2 '26
Median list price
$89K
-19% from Q2 '26
Active listings
61
+30% from Q2 '26
Homes sold
18
+157% from Q2 '26
New pendings
27
+59% from Q2 '26
New listings
29
+3.6% from Q2 '26

Quarterly Pricing Trends for Oil City

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Oil City Q4 '21 Q4 '22 Q4 '23 Q4 '24 Q4 '25 Q3 '26 Median sale price in Oct 2021 - Dec 2021: $79K Median sale price in Jan 2022 - Mar 2022: $45K Median sale price in Apr 2022 - Jun 2022: $56K Median sale price in Jul 2022 - Sep 2022: $91K Median sale price in Oct 2022 - Dec 2022: $48K Median sale price in Jan 2023 - Mar 2023: $57K Median sale price in Apr 2023 - Jun 2023: $73K Median sale price in Jul 2023 - Sep 2023: $114K Median sale price in Oct 2023 - Dec 2023: $70K Median sale price in Jan 2024 - Mar 2024: $76K Median sale price in Apr 2024 - Jun 2024: $80K Median sale price in Jul 2024 - Sep 2024: $93K Median sale price in Oct 2024 - Dec 2024: $81K Median sale price in Jan 2025 - Mar 2025: $95K Median sale price in Apr 2025 - Jun 2025: $70K Median sale price in Jul 2025 - Sep 2025: $61K Median sale price in Oct 2025 - Dec 2025: $72K Median sale price in Jan 2026 - Mar 2026: $69K Median sale price in Apr 2026 - Jun 2026: $135K Median sale price in Jul 2026 - Sep 2026: $80K Median list price in Oct 2021 - Dec 2021: $62K Median list price in Jan 2022 - Mar 2022: $80K Median list price in Apr 2022 - Jun 2022: $60K Median list price in Jul 2022 - Sep 2022: $76K Median list price in Oct 2022 - Dec 2022: $80K Median list price in Jan 2023 - Mar 2023: $75K Median list price in Apr 2023 - Jun 2023: $90K Median list price in Jul 2023 - Sep 2023: $77K Median list price in Oct 2023 - Dec 2023: $80K Median list price in Jan 2024 - Mar 2024: $70K Median list price in Apr 2024 - Jun 2024: $99K Median list price in Jul 2024 - Sep 2024: $99K Median list price in Oct 2024 - Dec 2024: $87K Median list price in Jan 2025 - Mar 2025: $85K Median list price in Apr 2025 - Jun 2025: $72K Median list price in Jul 2025 - Sep 2025: $90K Median list price in Oct 2025 - Dec 2025: $60K Median list price in Jan 2026 - Mar 2026: $49K Median list price in Apr 2026 - Jun 2026: $110K Median list price in Jul 2026 - Sep 2026: $89K Oct 2021 - Dec 2021 Median sale price $79K Median list price $62K Jan 2022 - Mar 2022 Median sale price $45K Median list price $80K Apr 2022 - Jun 2022 Median sale price $56K Median list price $60K Jul 2022 - Sep 2022 Median sale price $91K Median list price $76K Oct 2022 - Dec 2022 Median sale price $48K Median list price $80K Jan 2023 - Mar 2023 Median sale price $57K Median list price $75K Apr 2023 - Jun 2023 Median sale price $73K Median list price $90K Jul 2023 - Sep 2023 Median sale price $114K Median list price $77K Oct 2023 - Dec 2023 Median sale price $70K Median list price $80K Jan 2024 - Mar 2024 Median sale price $76K Median list price $70K Apr 2024 - Jun 2024 Median sale price $80K Median list price $99K Jul 2024 - Sep 2024 Median sale price $93K Median list price $99K Oct 2024 - Dec 2024 Median sale price $81K Median list price $87K Jan 2025 - Mar 2025 Median sale price $95K Median list price $85K Apr 2025 - Jun 2025 Median sale price $70K Median list price $72K Jul 2025 - Sep 2025 Median sale price $61K Median list price $90K Oct 2025 - Dec 2025 Median sale price $72K Median list price $60K Jan 2026 - Mar 2026 Median sale price $69K Median list price $49K Apr 2026 - Jun 2026 Median sale price $135K Median list price $110K Jul 2026 - Sep 2026 Median sale price $80K Median list price $89K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
23
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Jul 2026 - Sep 2026).

Oil City currently leans toward sellers, with the market gauge reading it as a seller’s market even though conditions show signs of softening. Months of supply has jumped about 65% year over year to 6.8 months in this rolling three-month view, signaling buyers have more options than they did a year ago.

Prices show a mixed picture, with the typical home value over the past three months up roughly one-third from a year earlier while the median list price is slightly lower than last year. Homes are taking a bit longer to sell, as median days on market edged up to 77 days, about a 6% increase from the same period a year ago.

On the activity side, pending sales are up more than 18% year over year while new listings are essentially flat, rising just over 1%. With only about 11% of homes selling above list price and the average sale-to-list ratio near 95%, pricing appears restrained, and both negotiation and strategy matter, so Agent Pronto can connect both buyers and sellers with an agent who understands these conditions.



Learn more about what Oil City has to offer.

Oil City offers residents a close-knit community, convenient local amenities, rich history, and ample opportunities for outdoor recreation and cultural experiences.

Oil City sits along the Allegheny River, offering small city conveniences, historic architecture, and direct access to outdoor recreation. Residents enjoy a compact community where everyday needs are close at hand, from local shops and healthcare to schools and riverfront parks.

Downtown, you can catch events or a performance at the restored Venango Museum of Art, Science and Industry, then walk to the National Transit Building to explore local studios and galleries. Families appreciate easy access to parks like Justus Park on the river, while nearby Two Mile Run County Park provides miles of trails, a lake, and seasonal activities. The city’s public library, the Oil City Library, anchors community programs and quiet study space.

Commuters can reach Franklin and Cranberry in minutes, and Erie and Pittsburgh are reasonable drives for broader work and cultural options. Families benefit from the Oil City Area School District and short drives to Clarion University and other regional campuses.

Whether you are weighing neighborhoods near the river, comparing historic homes to newer builds, or preparing to list a long‑time residence, a local agent can clarify pricing, condition, and timing in today’s market. Agent Pronto connects you with an Oil City real estate professional who knows the streets, the amenities, and the paperwork, helping both buyers and sellers move forward with less stress.

Find your Oil City real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“Samantha’s ability to represent her client’s needs and wants is remarkable! She represented our interests when buying in the luxury market, selling our home, we received 3 offers after our ONLY open-house, and buying rental properties. Samantha Rossi is the agent you keep for future real estate deals, refer to your family, friends, & colleagues, and hope to see at your house warming party!”

tmbrinkley34 ·

Photo of Sam Rossi
RE/MAX REMAX Infinity
“Despite previous assertions that we needed to delay and reduce the price to achieve results, Nathan successfully listed the property, secured a showing on the same day, and obtained an offer $10,000 above the asking price within the following week, This is an exemplary demostration of professional execution.”

Suzana and Goran Halilovic · Harrisburg, PA

Photo of Nathan Barshinger
EXP Realty LLC
“Carol Tomayko was always on top of every event and situation, with superior knowledge and fast and thorough response to everything. She was tireless in attacking every problem, no matter how small.”

thorner44887 ·

Photo of Carol Tomayko
RE/MAX Alliance Realty
“Ben was absolutely the best of the best! He was beyond kind and made it so easy to help my family and I find a home. He knew what we needed, we have a son and he has kids too so he made us feel like family and how important finding our right home was! He truly is wonderful!! Thank you ever so much Ben!!”

Morgan Dehner ·

Photo of Benjamin Pouliot
RE/MAX Lakeland Realty
“Jasmine is the best! She helped us find the perfect camp for us + our family! We couldn't be more thankful to have worked with someone who actually cared, knew what we wanted and made the process seamless!”

Rose Kilgore ·

Photo of Jasmine Gundlach
Realty One Group Landmark
“Nikki played an important role in helping us aquire a new home. She was promt everytime we met with her and brought experience and a wealth of knowledge to us as we toured the home for the first time. She pointed out the positives as well as the negatives to the house which provided us a fair and balanced idea of what we were getting into. She helped to coach us in making our offer. She went above and beyond by suggesting some options we could include to make our bid look more appealing to the seller. All these components helped us to strategically place a bid that was within our budget and not overly aggressive. I would highly recommend Nikki if you are searching for a home. She is friendly, easy to work with, and genuinely cares about her clients. She responded quickly with any questions we had throughout the process and gave us great insight and sound advice. It is very evident that she loves her job.”

jacolynmajure ·

Photo of Nikki Greene
Realty One Group Ultimate
“Kat was great to work with. Always responsive, answered all of our first time home buying questions, always ready to show us houses and help create a vision in some of the fixer uppers we looked at. She was accepting of our kids tagging along and willing to work with us on scheduling home look ats in the process of finding the right one for us! Highly recommend Kat!”

lf100848 ·

Photo of Kat Dennis
Sander Land & Home Realty
“Mike is very accessible and answered all our questions and he was knowledgeable regarding what we should ask as a selling price. Mike sold our cabin quickly and got us a great price. He had someone in mind who would love our cabin. Would recommend him.”

Mimi Butler ·

Photo of Michael Bordell
Realty One Group Landmark
“Natalie made everything from touring properties to closing incredibly easy. We were first time buyers, and she was always available to answer our millions of questions, any time of day.”

Josiah Martin ·

Photo of Natalie Hanna
Keller Williams KW Steel City
“We had an absolutely wonderful experience working with Max Wilson as our real estate agent. From start to finish, Max was professional, knowledgeable, and incredibly responsive. He guided us through every step of the process with patience and expertise. What really stood out was Max’s attention to detail and dedication—he went above and beyond to make sure everything went smoothly, whether it was scheduling showings, answering our many questions, or negotiating on our behalf. We always felt like we were in great hands. Buying a home can be stressful, but Max made the entire experience feel seamless and even enjoyable. We couldn’t be happier with the outcome and would highly recommend him to anyone looking for a trustworthy and hardworking real estate agent.”

NicoleHarvey65 ·

Photo of Max Wilson
RE/MAX REMAX INFINITY
“Joan was amazing and helped a lot with my fiancé and I to find a home. She explained the process well to us as first time home buyers and was always on top of things and got back to us fast.”

Debora ·

Photo of Joan Sorce
RE/MAX Select Realty
“Fred was great to work with and made this process as smooth and stress free as possible!! Even with a few bumps in the road he was able to provide a solution that was most beneficial for us!! Would recommend to anyone”

laurenpolak4 ·

Photo of Fred Hutterer, Jr.
Keller Williams
“Jen was extremely helpful in selling our farm. Once she lowered the price, we had three showing ant it sold on the third. In meantime she had showed us another house we were interested in and was helpful in negotiations with the sellers. Ended up having the closing on the farm in the morning, and purchased the house that afternoon. No fuss or muss for us. She handled everything excellently.”

ritzlinda410 ·

Photo of Jennifer Dolby
RE/MAX REMAX Infinity
“She sold my house in under 3 days!! And she got exactly what we wanted! She was firm and killed the negotiation process!! She called me every step of the way and explained everything so well. Very professional and knowledgeable in real estate. She got amazing photos of my home and gave me all kinds of tips during uthe process of getting ready to sell. She even paid to get my grass cut once we moved, for the new buyers! She went above and beyond!”

chelsierf728 ·

Photo of Ashley Gamble
RE/MAX Infinity
“Lita was incredible from the time we got preapproved until we closed on our dream house! As first time home buyers we needed help and Lita lead us through every step and answered every question. If you are a first time home buyer or even looking for your next house or forever home we highly recommend Lita Graef at Clear Choices Enterprise. Lita is the best!!”

Gracyn Holcombe ·

Photo of Lita Graef
Clear Choice Enterprises LLC
“Joan is hands down the best! Last spring/summer we were looking for a home to buy and as one we were interested popped up we randomly used the Zillow contact a realtor feature which put us in touch with Joan. The house we were interested in shortly went off the market prior to us actually meeting Joan but little did we know that random connection would develop into something special a few months later. In June, we found another house we were very interested in and decided to reach out to Joan for assistance. Once we met Joan at the house and decided this was the house for us we never looked back and the random message through Zillow turned into an amazing experience with our first time home buying process. Joan will move heaven and earth to make sure the process is a simple and easy as possible for you when buying. She genuinely cared and made us feel like it wasn't the buy/sell business relationship you'd expect, instead she made us feel like she would do whatever it took to make us happy and we deserved the home we wanted. She's simply the best and we can't say enough good things about her. Willing to go above and beyond, even after we received our keys and business is done she still responds to us when ever we reach out with genuine care and great friendliness. Joan, thank you for being our realtor and thank you for how you operate. You have passion, care, and truly are just a fantastic human being!”

tbabinchok4 ·

Photo of Joan Traggiai
Berkshire Hathaway HomeServices The Preferred Realty
“Josh has been a true joy to work with. He is very professional and went above and beyond to help us sell our home and buy our new home. Josh listened to our needs and was able to match us to the right home. Our experience was made both simple and as stress free as possible thanks to Josh. I would highly recommend having Josh work for you!”

user57064471 ·

Photo of Chris Hoffman
Lehigh Valley Just Listed, LLC

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Oil City. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.