Oil City, PA metro area Housing Market Brief
metro · PA · as of August 2026
What is Oil City, PA metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Oil City, PA metro area in its market cycle?
Oil City, PA metro area is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
Oil City, PA metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $240K | ▲ +59.9% |
| Median Days on Market | 60 days | 0% |
| Months of Supply | 6.9 | ▲ +81.6% |
| Homes for Sale | 138 | ▲ +3% |
| Homes Sold | 20 | ▼ -42.9% |
| Median Price / Sq Ft | $124 | ▲ +53.2% |
How has Oil City, PA metro area’s Alpha Score moved?
Markets like Oil City, PA metro area
- Watertown, SD metro area, SDmetro55
- Guymon, OK metro area, OKmetro51
- Bedford, IN metro area, INmetro62
- Lock Haven, PA metro area, PAmetro59
- Mount Vernon, OH metro area, OHmetro58
- Harrison, AR metro area, ARmetro50
- Marietta, OH metro area, OHmetro50
- Clarksburg, WV metro area, WVmetro59
- Bellefontaine, OH metro area, OHmetro56
- Cullman, AL metro area, ALmetro54
Frequently asked questions
Is Oil City, PA metro area a buyer's or seller's market?
As of August 2026, Oil City, PA metro area is classified as a Balanced Market, based on its Alpha Score of 56 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Oil City, PA metro area?
The median sale price in Oil City, PA metro area is $240K, having risen 59.9% over the past year.
How affordable is Oil City, PA metro area?
Oil City, PA metro area scores 63 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Oil City, PA metro area's Alpha Score?
Oil City, PA metro area's strongest dimension is Economic Strength (70/100) and its weakest is Rental Yield (39/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Oil City, PA metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.