The median home value in Oil City, PA is $41,300. This is lower 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 $41,300. 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 16301 has a population of 10,101. Oil City 16301 is more family-centric than the surrounding county with 25.11% 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 16301 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 16301 is 39.4 years.
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.