Oil City, PA metro area Housing Market Brief
metro · as of May 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 Mature — holding near a healthy peak. 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 | 53 days | ▼ -24.3% |
| Months of Supply | 6.9 | ▲ +81.6% |
| Homes for Sale | 138 | ▲ +3% |
| Homes Sold | 20 | ▼ -42.9% |
| Median Price / Sq Ft | $124 | ▲ +53.2% |
| Sale-to-List Ratio | 96.0% | 0% |
How has Oil City, PA metro area’s Alpha Score moved?
Markets like Oil City, PA metro area
- Danville, IL metro areametro64
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- Burlington, IA metro areametro61
- Pine Bluff, AR metro areametro58
- Duncan, OK metro areametro61
- Dixon, IL metro areametro64
- Midland, MI metro areametro60
- Meridian, MS metro areametro64
- New Castle, PA metro areametro63
- Forrest City, AR metro areametro69
Frequently asked questions
Is Oil City, PA metro area a buyer's or seller's market?
As of May 2026, Oil City, PA metro area is classified as a Seller's Market, based on its Alpha Score of 64 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 99 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 Affordability (99/100) and its weakest is Inventory Health (43/100). 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.