Oil City PA Multi Family for Sale

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Oil City Real Estate

The median home value in Oil City, PA is $135,000. This is higher than the county median home value of $74,300. The national median home value is $219,700. The average price of homes sold in Oil City, PA is $135,000. Approximately 53.97% of Oil City homes are owned, compared to 31.74% rented, while 14.29% 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 10,101. Oil City is more family-centric than the surrounding county with 26.8% of the households containing married families with children. The county average for households married with children is 24.98%.

The median household income in Oil City, Pennsylvania is $36,098. The median household income for the surrounding county is $46,487 compared to the national median of $57,652. The median age of people living in Oil City is 39.4 years.

Oil City Weather

The average high temperature in July is 82.3 degrees, with an average low temperature in January of 18 degrees. The average rainfall is approximately 45.2 inches per year, with 55 inches of snow per year.

Oil City Real Estate Market Conditions

  • Median sales price

    $135,000
    5.89% change since last quarter
  • # Active listings

    4
    30-day change

Oil City Schools and Demographics

Education near Oil City, PA

Metric City County
High School Graduates 90.71 89.59
College Degree - 2 year 8.26 8.11
College Degree - 4 year 20.1 17.18
Graduate Degree 2.93 4.87
Expenditures per Student 13,579 14,840
Students per Teacher 15.9 13.8

Elementary Schools near Oil City, PA

School Grades Students P/T Ratio ZIP
Central Elementary School KG - 06 415 12.7 16323
Cranberry Elementary School KG - 06 541 13.2 16346
Hasson Heights School KG - 04 460 14.5 16301
Pinegrove Elementary School KG - 05 92 12.4 16364
Pleasantville Elementary School 01 - 05 237 16.6 16341
Sandycreek Elementary School KG - 06 302 15.1 16323
Seventh Street School 02 - 04 214 15 16301
Smedley Street School KG - 01 123 14.8 16301
Valley Grove Elementary School KG - 06 499 14.5 16323

Middle Schools near Oil City, PA

School Grades Students P/T Ratio ZIP
Franklin Area Middle School 07 - 08 323 13.4 16323
Oil City Area Middle School 05 - 08 609 15.2 16301

High Schools near Oil City, PA

School Grades Students P/T Ratio ZIP
Cranberry Area Junior/Senior High School 07 - 12 525 12 16346
Franklin Area High School 09 - 12 602 14.3 16323
Oil City Senior High School 09 - 12 631 16.1 16301
Rocky Grove Junior/Senior High School 07 - 12 432 10.3 16323

Demographics near Oil City, PA

Metric City County
Neighborhood Type Small Town
Population 10,101 52,880
Population Density 2,248 78
Median Age 39.4 46
People per Household 2.3 2.4
Median Household Income 36,098 46,487
Average Income per Capita 23,132 25,190