There are currently 15 properties with a median home value in Oil City, PA 16301 of $79,900. The median list price per square foot in Oil City, PA 16301 is $56. Of the total homes in Oil City, PA 16301 87% are for sale, 13% are for rent, and 87% are single family homes. Oil City, PA 16301 represents 0% of home addresses in the United States. Home values in Oil City, PA 16301 are Infinity% above the median home value in the United States. Interested in knowing how much your home in Oil City, PA 16301 is worth? The Homes.com Automated Valuation Model (AVM) provides an estimate of the home value of every on and off market property in the US.