Oil City Housing Market Report February 2025•Venango County, Pennsylvania

Housing Prices in Oil City, PA

How much do homes in Oil City, PA cost?

Median List Price

$119,000$61/SqFt

+$19,000

+19.0%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Oil City has increased by 19% since last year.

Summary: The median home list price in Oil City was $119,000 in February 2025, up 19% from the previous year, and the median price per square foot was $61.

Median List Price By Cities

City	Feb 2024	Feb 2025	Change YoY
Seneca	$179.9K	$399K	+121.8%
Cranberry Township	$162.4K	$299.5K	+84.4%
Oil City	$100K	$119K	+19.0%
Sugarcreek	$111.2K	$71.2K	-36.0%

Median List Price By Bedrooms

Beds	Feb 2024	Feb 2025	Change YoY
11 Bedroom	-	-	N/A
22 Bedrooms	-	$129.9K	N/A
33 Bedrooms	$32.4K	$149.9K	+361.9%
44 Bedrooms	$107K	$70.6K	-34.0%
55+ Bedrooms	$712.5K	$39.9K	-94.4%

Summary: Oil City housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +361.9%. The home price for 4 bedroom homes decreased by -34.0%. The home price for 5 bedroom homes decreased by -94.4%.

Housing supply in Oil City, PA

How many homes are available in Oil City, PA?

Number of Homes For Sale

Last Month	2 months ago	Change MoM
6Last MonthFeb 2025
42 months agoJan 2025	+50.0 % Change MoMJan – Feb

Summary: The Oil City real estate market had 6 homes for sale in Feb 2025, a 50.0 % increase compared to Jan 2025.

Homes For Sale By Bedroom Count

Beds	Jan 2025	Feb 2025	Change MoM
11 Bedroom	0	0	0.0%
22 Bedrooms	0	0	0.0%
33 Bedrooms	2	3	+50.0%
44 Bedrooms	1	2	+100.0%
55+ Bedrooms	1	1	0.0%

Summary: Oil City housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +50.0%. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes remained the same.

Days on Market for Oil City, PA

How long does it take to sell a home in Oil City, PA?

Average Listing Age

This Year	1 year ago	Change YoY
78 DaysThis YearFeb 2025
448 Days1 year agoFeb 2024	-82.5 % Change YoYFeb 2024 – Feb 2025

Summary: Homes in Oil City had an average listing age of 78 days in Feb 2025, down by 82.5% compared to the previous year.

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Newest Listings in Oil City, PA

What homes are available in Oil City, PA?

See More Listings

view of front facade with covered porch and a front yard

New - 5 days on Rocket

$914 Closing Credit¹

$76,950

3 beds • 2 baths • 1,496 sqft

806 E 4th St, Oil City PA 16301

#PAVE2000066, Bradley D. Snouffer, Listing Office: American Eagle Realty

view of front of house featuring an attached garage

interior space with arched walkways and ceiling fan

playroom with ceiling fan, carpet, and a fireplace

New - 6 days on Rocket

$1,413 Closing Credit¹

$119,000

4 beds • 1.5 baths • 1,946 sqft

284 Linden Ave, Oil City PA 16301

#1689532, Shandra Hando, Listing Office: Berkshire Hathaway The Preferred Realty

view of front of house with covered porch

$728 Closing Credit¹

$61,320

4 beds • 2 baths • 1,948 sqft

318 W 3rd St, Oil City PA 16301

#PAVE2000064, Bradley D. Snouffer, Listing Office: American Eagle Realty

$1,247 Closing Credit¹

$105,000

42 W 4th St, Oil City PA 16301

#1684664, Jason Rockwell, Listing Office: Era Johnson Real Estate Inc.

view of front of house with a front lawn

view of front of property featuring a front yard

view of front of house featuring a front lawn

$6,531 Closing Credit¹

$550,000

3 beds • 2.5 baths • 2,488 sqft

1197 Bankson Rd, PA 16301

#1678264, Allen Sharrer, Listing Office: 1St Rate Realty Llc

new england style home featuring a porch, a front lawn, and a garage

unfurnished living room with a wealth of natural light, a baseboard heating unit, a stone fireplace, and dark hardwood / wood-style flooring

unfurnished living room with a stone fireplace and dark hardwood / wood-style flooring

$1,780 Closing Credit¹

$149,900

3 beds • 2 baths • 1,269 sqft

687 State Route 157, PA 16301

#1677090, Kathy Armstrong, Listing Office: Keller Williams Realty

victorian house featuring a front yard and a porch

view of home's exterior featuring covered porch

$474 Closing Credit¹

$39,900

6 beds • 1 bath • 2,869 sqft

151 W 3rd, Oil City PA 16301

#1670596, Brandon Simmons, Listing Office: Realty One Group Landmark

Nearby markets

Nearby markets aren't available for Oil City, PA

MLS Disclaimers and Copyright

Based on information from West Penn Multi-List Inc., and BrightMLS for the period 03/01/2023 - 03/01/2025

The multiple listing information is provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. IDX info provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change, or withdrawal. Listings displaying the IDX logo belong to brokers other than this broker. Neither the listing broker(s) nor this broker or the MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

Copyright © 2025 West Penn Multi-List, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 5:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 5:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.