$6,531 Closing Credit*
$550,000
2,488 SqFt
3 Beds
•2 Full Baths, 1 Partial
Allen Sharrer, Listing Office: 1St Rate Realty Llc
Housing Prices in Oil City, PA
How much do homes in Oil City, PA cost?
Median List Price
$119,900
$77/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
+$44,900(+59.9%)
Key Takeaway
The list price of homes in Oil City has increased by 59.9% since last year.
Summary: The median home list price in Oil City was $119,900 in November 2024, up 59.9% from the previous year, and the median price per square foot was $77.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $39.9K | $120K | +200.4% |
| 4 Bedrooms | $107K | $52.5K | -50.9% |
| 5+ Bedrooms | $712.5K | $702.4K | -1.4% |
Summary: Oil City housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 200.4%, 4 bedroom homes decreased by 50.9%, and 5+ bedroom homes decreased by 1.4%.
Housing Supply in Oil City, PA
How many homes are available in Oil City, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Summary: The Oil City real estate market had 5 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Oil City housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 338 Days | 89 Days | -73.5% |
Summary: Homes in Oil City had an average listing age of 89 days in Nov 2024, down by 73.5% compared to the previous year.
