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Home values, rents and more in Oil City, PA

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$87,867
Metro: $128,000 · U.S.: $366,000
Home values, past year
−5.7%
Metro: −0.4% · U.S.: +1.2%
Population
9,468
ACS 2020–24
Median household income
$51,316
Metro: $61,522 · U.S.: $80,734
ZIP codes around Oil City, PA, shaded by typical home valueOil City
  • Under $91k
  • $91k–$100k
  • $100k–$120k
  • $120k–$150k
  • $150k+
  • No data
ZIP codes around Oil City, PA, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Oil City is outlined.

How Oil City compares

The typical home in Oil City, PA is worth about $87,867, according to the Zillow Home Value Index for September 2026. Home values in Oil City are 31% below the typical value in the Oil City metro area ($128,000) and 76% below the U.S. typical value ($366,000).

Over the past year, home values in Oil City fell 5.7%, compared with −0.4% in the Oil City metro area and +1.2% nationally.

The median household income is $51,316, against $61,522 in the Oil City metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 9,468 people live in Oil City (American Community Survey 2020–24).

Oil City has the lowest typical home value of the 8 cities in the Oil City metro area and the 26th-lowest of 773 in Pennsylvania with Zillow figures.

Part of: Venango County, PA · Oil City metro area · Pennsylvania

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby cities

ZIP codes in Oil City, PA

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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