Is Oil City, LA 71061 a buyer’s or seller’s market?
Oil City is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply3.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list93.7%Sold price ÷ list price
Median days on market78Listing to accepted offer
Median price per sq ft$142▼ −22.2% vs. last year
Run the numbers for 71061
Nearby markets
Belcher 71004Seller’s market $86 /sq ftBethany 71007Seller’s market $152 /sq ftGilliam 71029Seller’s market $107 /sq ftGreenwood 71033Balanced $77 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology