Brokers — List your Company Here
Featured local agent — Oil City, LA
Sarah Mitchell
Compass Real Estate · Oil City, LA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Oil City, LA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$95,000median sale price
How is the Oil City, LA housing market right now?
The median home sale price in Oil City, LA is $95,000, up 111.1% year-over-year. Homes sell in an average of 39 days with 1 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Oil City a buyer's or seller's market?
Oil City, LA is currently a seller's market, based on 1.0 months of supply and homes selling in about 39 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
39
Average pace
Active listings
1
1.0 months supply
Sale-to-list
96.0%
Below asking
What does the Oil City housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $95,000 |
| Median list price | $47,000 |
| Year-over-year price change | +111.1% |
| Average days on market | 39 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 96.0% |
| Median price per sq ft | $104/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Oil City by property type?
How the Oil City, LA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $95,000 | $104/sq ft | 1 | 39 days |
Source: Redfin · Updated monthly
The Oil City housing market is currently classified as a seller's market with a median sale price of $95,000. Prices have risen 111.1% compared to last year, with homes spending an average of 39 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.6x provides context for how home values compare to local earning capacity.
Homes for sale in Oil City
There are currently 1 homes listed for sale in Oil City, Louisiana. The median listing price is $47K.
Active listings
1
Homes on market
Median list price
$47K
Avg. days on market
39
Days until sale
New this week
1
Newly listed
Who lives in Oil City?
Population
941
Median income
$17,381/yr
Median age
28.5 years
Owner-occupied
29.2%
College grads
1.6%
Avg commute
21.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Oil City?
Zillow home value
$115,274
Price-to-income
6.6x
Source: Zillow Research
What is it like to live in Oil City?
Oil City is a community of approximately 1K residents with a median age of 28.5 years.The median household income is $17,381, which represents a working-class community with solid middle-income opportunities. 1.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 29.2%, showing a blend of owner and renter-occupied properties. The average commute time is 21.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Oil City offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Oil City, LA?
Want a head-to-head view? Compare Oil City side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Oil City?
The median home sale price in Oil City is $95,000, up 111.1% from last year.
How long do homes stay on market in Oil City?
Homes typically spend 39 days on market before going under contract.
What is the median income in Oil City?
The median household income is $17,381 per year.
Is Oil City a buyer's or seller's market?
With 1.0 months of supply, Oil City is currently a seller's market.
What is the Zillow home value estimate for Oil City?
The Zillow Home Value Index (ZHVI) for Oil City is $115,274, representing the typical home value in the area.
How much does a single-family home cost in Oil City?
The median single-family home price in Oil City, LA is $95,000 (about $104 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Oil City, LA
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Oil City market alerts
Weekly updates on prices, inventory, and trends. Free forever.