78Alpha

Oil City, PA metro area Housing Market Brief

metro · PA · as of August 2026

Hot Seller's

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.

Price Momentum20%
-1.962
Inventory Health25%
+30.073
Affordability20%
+34.597
Economic Strength20%
70
Rental Yield15%
+56.595

Where is Oil City, PA metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Oil City, PA metro area is classified as Growing strengthening, with scores rising 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

MetricValueYoY
Median Sale Price$150K▲ +15.4%
Median Days on Market60 days0%
Months of Supply4.8-7.7%
Homes for Sale145-10.5%
Homes Sold31-3.1%
Median Price / Sq Ft$89▲ +46.9%

How has Oil City, PA metro area’s Alpha Score moved?

Now: 78
12-period trend
Median sale price · 12 mo

Markets like Oil City, PA metro area

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 Hot Seller's Market, based on its Alpha Score of 78 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 $150K, having risen 15.4% over the past year.

How affordable is Oil City, PA metro area?

Oil City, PA metro area scores 97 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 (97/100) and its weakest is Price Momentum (62/100). 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.