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Is Oil City, PA 16301 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Oil City is a buyer’s market. With about 7 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply7Under 4 months = seller’s market

Sold above original list8%Share of sales, last 3 months

Median sale-to-list93.6%Sold price ÷ list price

Median days on market77Listing to accepted offer

Median price per sq ft$66▲ +42.1% vs. last year

Run the numbers for 16301

Prefilled for 16301Can I win this house?Multiple-offer likelihood for a listing Prefilled for 16301Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Cooperstown 16317Seller’s market $138 /sq ft Cranberry 16319 — /sq ft Emlenton 16373Buyer’s market $56 /sq ft Franklin 16323Seller’s market $62 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology