The median home value in Oil City, PA is $66,500. This is lower than the county median home value of $114,400. The national median home value is $338,100. The average price of homes sold in Oil City, PA is $66,500. Approximately 50.72% of Oil City homes are owned, compared to 33.82% rented, while 15.46% are vacant. Oil City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Oil City real estate agent to arrange a tour today!
Oil City, Pennsylvania has a population of 9,685. Oil City is more family-centric than the surrounding county with 34.14% of the households containing married families with children. The county average for households married with children is 25.43%.
The median household income in Oil City, Pennsylvania is $44,272. The median household income for the surrounding county is $55,899 compared to the national median of $69,021. The median age of people living in Oil City is 41.3 years.
The average high temperature in July is 81.3 degrees, with an average low temperature in January of 15.9 degrees. The average rainfall is approximately 45.3 inches per year, with 62.1 inches of snow per year.