Current Price

$94,025

1 Month Forecast

â–² $100,217

1-Year Forecast *

â–² $107,352

5-Year Forecast *

â–² $125,436

"Is it a good time to buy homes in Oil City?" "Does investing in real estate in Oil City (Pennsylvania State, Venango County) worth it?" According to our live Forecast System, buying a house in Oil City is a good short-term (1-year) investment*. The Oil City average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Oil City" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Oil City in Pennsylvania State, Venango County. If you are looking for homes for sale with good flipping profit, Oil City can be a profitable property investment option. The median price of an average house in Oil City was 94,025 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Oil City" area is 125,436 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +33.41% meaning that investing 100000 USD today may yield a profit of 33,407 USD by 2031.

Current Median Listing Price: 94,025 USD Median Listing Price Per Square Foot: 52 USD

Oil City Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Oil City (Pennsylvania State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Oil City Price Target

Oil City median home price target in 12 months: $107,352* (upside of 14.2%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $104,295 $99,506 $99,506 $104,393
2024 $83,466 $94,025 $83,466 $94,025
2023 $81,803 $83,226 $81,279 $83,226
2022 $76,478 $82,496 $76,478 $83,305
2021 $69,330 $75,158 $69,330 $75,158
2020 $57,876 $67,803 $57,876 $67,803
2019 $55,727 $57,849 $55,663 $58,203
2018 $58,825 $56,049 $56,049 $58,825
2017 $57,296 $58,381 $55,712 $58,381
2016 $57,751 $57,399 $57,399 $59,123
2015 $56,192 $57,262 $55,739 $59,265
2014 $53,322 $56,288 $53,322 $56,288
2013 $55,748 $53,635 $52,195 $55,748
2012 $54,626 $56,009 $54,626 $56,861

Questions & Answers about the Oil City Housing Market Forecast

How much does an average home cost in Oil City today?

The value of an average home (the listing price) in Oil City is $94,025 USD.

What is the average price per square foot in Oil City?

According to Walletinvestor the median price per square foot in Oil City is 52 USD.

Will the median listing price of homes in Oil City grow / rise / go up?

Yes. The Oil City home prices may rise from 94,025 USD to 107,352 USD in one year.

Is it profitable to invest in Oil City homes?

Yes. The long-term profit potential is +14.17% in one year.

Will Oil City house prices fall / drop?

No. See above.

What is the predicted price of a Oil City home in 2030?

The predicted home sales price of a Oil City home in 2030 in Oil City is 123,915 USD.

What is the predicted price of a Oil City home in 2035?

The predicted home sales price of a Oil City home in 2035 in Oil City is 151,500 USD.

Will real estate prices decrease in Oil City?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Oil City is the 3826. largest city in the United States, located in Pennsylvania State.

During the last 12 months the real estate prices in Venango, Oil City decreased, looking at the past 12 months.

According to Walletinvestor's Oil City real estate market research, home values will increase in the next 12 months.

Median home values decreased by 9.713% to 94,025 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 12.704% in 2021
  • 14.444% in 2022
  • 15.684% in 2023
  • 13.824% in 2024
  • 15.524% in 2025
  • 12.514% in 2026

Based on our Oil City real estate market research and report the predicted sales prices will increase by 276.410% in the next 10 years.

Over the last 12 months, the value of homes in Oil City fluctuated: decreasing 4 times.

Oil City (Pennsylvania) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Oil City Housing Market Forecast with Real Estate Prices for 2025
August 2025 100217 92100 108335
September 2025 101001 93931 108072
October 2025 101977 96368 107585
November 2025 102961 94004 111919
December 2025 103540 94843 112237
Oil City Housing Market Forecast with Real Estate Prices for 2026
January 2026 102869 93816 111921
February 2026 102783 93944 111622
March 2026 103408 97720 109095
April 2026 104301 97000 111602
May 2026 105308 96462 114154
June 2026 106325 95905 116745
July 2026 107352 97475 117228
August 2026 108282 97995 118569
September 2026 109144 103469 114820
October 2026 110198 103476 116920
November 2026 111262 105699 116825
December 2026 111959 104122 119796
Oil City Housing Market Forecast with Real Estate Prices for 2027
January 2027 111805 105544 118067
February 2027 111596 105458 117734
March 2027 111585 100761 122408
April 2027 110871 104662 117080
May 2027 110092 100404 119780
June 2027 109386 99542 119231
July 2027 109463 98517 120410
August 2027 109823 103124 116522
September 2027 110552 104693 116412
October 2027 111010 101685 120335
November 2027 110801 103045 118558
December 2027 110023 101551 118494
Oil City Housing Market Forecast with Real Estate Prices for 2028
January 2028 109818 101801 117834
February 2028 110392 102444 118340
March 2028 111458 105439 117476
April 2028 112105 104482 119728
May 2028 112428 102535 122322
June 2028 112808 107168 118448
July 2028 113897 107861 119934
August 2028 114997 106372 123622
September 2028 116107 105774 126441
October 2028 117229 109374 125083
November 2028 118360 108773 127948
December 2028 119503 108748 130259
Oil City Housing Market Forecast with Real Estate Prices for 2029
January 2029 120213 111678 128748
February 2029 120900 109294 132507
March 2029 121737 115041 128432
April 2029 122912 110621 135203
May 2029 124099 112930 135268
June 2029 124216 112415 136016
July 2029 123915 117472 130359
August 2029 123284 115271 131298
September 2029 122418 115073 129763
October 2029 121557 110009 133105
November 2029 120703 114668 126738
December 2029 121566 112084 131048
Oil City Housing Market Forecast with Real Estate Prices for 2030
January 2030 122517 114676 130358
February 2030 123700 112814 134586
March 2030 124895 116651 133138
April 2030 125596 117307 133886
May 2030 124782 113427 136137
June 2030 124678 118070 131286
July 2030 125436 116405 134467
August 2030 126520 118169 134870
September 2030 127741 118544 136939
October 2030 128975 120076 137874
November 2030 130220 117849 142591
December 2030 131349 124650 138048
Oil City Housing Market Forecast with Real Estate Prices for 2031
January 2031 132395 119420 145369
February 2031 133673 122444 144901
March 2031 134964 125786 144141
April 2031 135809 125487 146130
May 2031 135623 123281 147964
June 2031 135368 123997 146739
July 2031 135355 126557 144153
August 2031 134489 123596 145383
September 2031 133544 125264 141823
October 2031 132688 124196 141180
November 2031 132782 122026 143537
December 2031 133218 123493 142943
Oil City Housing Market Forecast with Real Estate Prices for 2032
January 2032 134103 122436 145769
February 2032 134658 121865 147450
March 2032 134405 122711 146098
April 2032 133460 125986 140934
May 2032 133211 123220 143202
June 2032 133908 126409 141407
July 2032 135201 121951 148450

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.