Section Image

Oil City

Oil City

Located in Caddo County

$206,720 Average Value
$150 Average Price per Sq Ft
5 Homes For Sale

Small-town life by Caddo Lake

In the early 1900s, oil wells were drilled into Oil City, and a community formed around the oil field workers who labored there. The history of the small town, population of approximately 876, still shines through in the town’s museum and several oil pumps in Caddo Lake. “A reason people move to Oil City is the lake over there. It’s a very small town,” says Realtor Amanda Hodges who has 5 years of experience in the area and works with Homesmart Realty South. From waterfront homes to water recreation, Oil City residents can experience a slower pace with lakeside living.

Oil City is a quaint town with many walking trails and nature to enjoy.
Oil City is a quaint town with many walking trails and nature to enjoy.
You can spot several oil pumps in Caddo Lake at Oil City.
You can spot several oil pumps in Caddo Lake at Oil City.
1/2

Large yards and waterfront properties

Oil City is mostly composed of long roads of spread-out single-family houses and undeveloped land with many acres available for purchase. The yards tend to be spacious and blend in with the natural scenery of the area with wooded lots shaded by flourishing trees. As for architecture, homes range from farmhouses and ranch-style homes to mansions and waterfront houses. “It’s more affordable in general, but houses on the lake are more expensive,” Hodges says. The prices can start from $50,000 for a ranch-style house and go up to $990,000 for a five-bedroom house on Caddo Lake with a boathouse.

Residents of Oil City have spacious front yards to enjoy.
Residents of Oil City have spacious front yards to enjoy.
Trees line the yards of several residences in Oil City.
Trees line the yards of several residences in Oil City.
1/2

Caddo Parish Schools

Students in the area go to Caddo Parish Public Schools, which earns a B rating according to Niche. Schools include Herndon Magnet School for elementary and middle school levels, plus North Caddo High School. The elementary and middle school earns a B-plus grade on Niche, while the high school has a B-minus rating. The high school features courses from Business Computer Applications to Library Science.

Oil City Magnet School's architecture is a grand homage to the early 1900's.
Oil City Magnet School's architecture is a grand homage to the early 1900's.

Williamson Park on Caddo Lake

Located on Caddo Lake, a sprawling body of water and bayou, Earl G. Williamson Park offers recreation galore: fishing docks, boat ramps and a beach area for swimming. The park also has camping and a playground for children. During the holiday season, locals can also attend the Christmas on Caddo event in the park with fireworks and a visit from Santa Claus.

Earl G. Williamson Park in Oil City is a favorite among locals.
Earl G. Williamson Park in Oil City is a favorite among locals.
Many locals use the dock at Caddo Lake to go fishing in their boats.
Many locals use the dock at Caddo Lake to go fishing in their boats.
1/2

Mostly local businesses

For groceries and discount goods, locals can go to Dollar General. At Oak Alley Farms, people can find snacks from flavored peanuts to almond brittle. As for restaurants, Ma and Pops serves comfort foods in a casual interior with booth seating. Meltdowns has soul food and southern sides for a lunch spot or big events that need catering. For Mexican food, residents can visit La Herradura, a restaurant with a colorful and relaxed atmosphere.

Ma and Pops in Oil City serve delicious burgers and hand made onion rings.
Ma and Pops in Oil City serve delicious burgers and hand made onion rings.
Oak Alley Farms in Oil City provides fresh fudge, roasted peanuts and delicious bark.
Oak Alley Farms in Oil City provides fresh fudge, roasted peanuts and delicious bark.
Ma and Pops in Oil City is a local favorite for everyday food.
Ma and Pops in Oil City is a local favorite for everyday food.
1/3

Unique to Oil City

At the Louisiana State Oil and Gas Museum, residents can learn more about the history of their town and the industries behind the community. Oil City also has special events throughout the year like an Easter bunny meeting in the spring, an Earth Day community clean-up and a national night out complete with live music, hot dogs, plus a bounce house for kids.

The Louisiana State Oil and Gas Museum has many interesting things to view outside.
The Louisiana State Oil and Gas Museum has many interesting things to view outside.
The Louisiana State Oil and Gas Museum has many artifacts to look at outside.
The Louisiana State Oil and Gas Museum has many artifacts to look at outside.
1/2

28-mile commute

About 28 miles from downtown Shreveport, residents of Oil City can easily commute to the big city via Interstate 49 South by car since there’s no public transit in the area. As for a nearby hospital, locals can go to North Caddo Medical Center. Residents can also access the Shreveport Regional Airport for further travel from business trips to vacations.

Oil City has spacious lots surrounded by trees and nature.
Oil City has spacious lots surrounded by trees and nature.
Anna Anderson
Written By
Anna Anderson
Debbie Giesbrecht
Photography Contributed By
Debbie Giesbrecht
Houston Knight
Video By
Houston Knight

Interested in learning more about homes in this area? Reach out to David Rollins, an experienced agent in this area.

Agents Specializing in this Area

See All Agents

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Oil City Housing Trends

Housing Trends

Median List Price
$415,000
Median Sale Price
$190,000
Median Single Family Sale Price
$319,950
Median Change From 1st List Price
0%
Last 12 months Home Sales
4
Median Home Sale Price YoY Change
193%
Average Price Per Sq Ft
$150

Neighborhood Facts

Number of Homes for Sale
5
Months of Supply
15.00

Homes for Sale

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Oil City Has More Owners

Demographics

Total Population
641
Median Age
40
Population under 18
27.1%
On par with the national average
23.8%
Population over 65
22.3%
On par with the national average
19.1%

Finances

Median Household Income
$45,625
Significantly below the national average
$71,702
Average Household Income
$59,397

Education and Workforce

High School Graduates
85.9%
College Graduates
9%
Significantly below the national average
34.1%
Advanced Degrees
1.8%
% Population in Labor Force
45.2%
Below the national average
65.1%

Weather

Annual Precipitation
51''
Average Winter Low Temperature
36°F
Average Summer High Temperature
93°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®®

34 / 100

Car-Dependent

Walk Score®®

22 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Oil City