Market Intelligence Report — PA-340

Oil City, PA

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-PA-09
As of the latest 2026 data
Cooling

Median Listing

$187K
+2.0% YoY

Pending Ratio

0.36
-19.5% YoY

Active Inventory

140
+18.7% YoY

Median DOM

58 Days
+22.1% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's cooling Oil City market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Oil City, PA.

Free ReportNo Sign-up~60 Seconds

The Oil City, PA market is currently Cooling. The pending ratio stands at 0.36, indicating demand absorption is lagging inventory, with active listings having increased by 18.7% over the past year.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Oil City market right now.

The market is exhibiting signs of softening, with a pending ratio of 0.36, marking a 19.5% decline year-over-year. Active listings have expanded significantly by 18.7% over the past year, while new listings remained stable. The median listing price saw a modest 2.0% increase year-over-year, alongside a 6.9% increase in median price per square foot.

Historical Analysis

Market Trends

Median Price

$187K-0.1% MoM

Active Inventory

140+18.7% YoY

Days on Market

58+22.1% YoY

Sold Score™

59-19.5% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

59
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The current environment suggests a shift toward conditions requiring more price discipline from sellers due to elevated inventory levels. With a pending ratio of 0.36, the pace of demand absorption is slower, potentially extending listing periods. This dynamic introduces more time for negotiation and greater scrutiny of pricing by prospective buyers.

Luxury Segment

The average listing price has increased by 13.6% year-over-year, outpacing the 2.0% increase in the median listing price, suggesting some disparity in pricing performance across different tiers, potentially with the higher end showing greater volatility or demand shifts. No distinct luxury-segment signal in this dataset.

Supply Dynamics

140 active listings represent the current floor, with new supply arriving at roughly 40 per month.

Pricing Pressure
17.2%

of active listings carry a price reduction, +1.5% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +6.9% year-over-year.

Absorption
0.36

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Oil City, PA? Homes here are taking 11 days longer to sell than last year.

Buyers have leverage in Oil City, PA. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
36%
Median Days on Market
58 days
Inventory YoY
+19%

In a buyer's market, strategy beats timing. See how your home scores in Oil City, PA and what moves the number.

See my Sold Score & selling strategy →

Prefer the data first? Get the monthly Oil City, PA briefing and watch the market before you list.

How the Sold Score works →

Agents: no featured expert covers Oil City, PA yet — claim this market →

How these recommendations are chosen →

The Monthly Briefing

Stay ahead of the Oil City market.

One email per month: median price, inventory, days on market, and curated expert commentary — straight from the Primpted data desk.

Track your ZIP

Get the Sold Score for your exact ZIP code in your inbox each month.

One email per month when your ZIP's Sold Score is updated. Unsubscribe anytime.

Metro Demographics

Metro Area
Oil City, PA
CBSA Code
36340
State
PA

ZIPs in Oil City, PA

Sorted by active inventory · click a ZIP for its full report

Analysis FAQ
  • What is the current market condition in Oil City?+

    As of the latest 2026 data, the Oil City metro is classified as Cooling. Pending ratio is 0.36 with median days on market at 58.

  • Are home prices dropping in Oil City?+

    Median listing price is $187K, +2.0% year over year. 17.2% of active listings carry a price reduction.

  • How fast are homes selling in Oil City?+

    The typical listing sits 58 days on market, a +22.1% change YoY. New listings are arriving at 40 per month.

  • What's happening in the Oil City luxury market?+

    The average listing price has increased by 13.6% year-over-year, outpacing the 2.0% increase in the median listing price, suggesting some disparity in pricing performance across different tiers, potentially with the higher end showing greater volatility or demand shifts. No distinct luxury-segment signal in this dataset.

  • Where can I find a trusted Oil City real estate expert?+

    Primpted maintains a vetted registry of Oil City agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 36340 · 36mo history