Oil City Mortgage Rates & Closing Costs

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  • Trends
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  • Loan Attributes
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Oil City averaged 6.63% for the week of 2025-04-10, compared to the national average of 6.62% for the same period.

    The average rate for the prior week (2025-04-03) was 6.85% and one month ago for the week of 2025-03-06, the average rate was 6.64%.

    Oil City's average rate one year ago was 6.83%.

    For refis of the same type during the week of 2025-04-10, the average rate was 6.72%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-04-10 6.62%
    Oil City 30 Year Fixed Rate 2025-04-10 6.63%
    Oil City 30 Year Fixed Rate Refi 2025-04-10 6.72%
    Oil City 15 Year Fixed Rate 2025-04-10 5.62%
    Oil City 15 Year Fixed Rate Refi 2025-04-10 6.22%
    Oil City 30 Year FHA 2025-04-10 6.23%
    Oil City 30 Year FHA Refi 2025-04-10 6.63%
    Oil City 30 Year USDA 2025-04-10 6.35%
    Oil City 30 Year USDA Refi 2025-04-10 6.25%
    Oil City 30 Year VA 2025-04-10 6.49%
    Oil City 30 Year VA Refi 2025-04-10 6.19%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Oil City, PA.

    Oil City Top Lenders by Rates & Fees

    The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Oil City, PA market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    TIDEWATER MORTGAGE SERVICES, INC. 36 6.68% $4,820
    QUICKEN LOANS, LLC 21 6.76% $5,303
    Northwest Bank 21 6.87% $3,735
    AFFORDABLE MORTGAGE ADVISORS, LLC. 11 7.07% $4,496
    UNITED WHOLESALE MORTGAGE, LLC 7 6.89% $6,440
    PNC Bank 7 6.86% $5,257
    Citizens Bank 7 6.64% $4,191
    First National Bank of Pennsylvania 6 6.69% $4,499
    The Farmers National Bank of Canfield 4 6.97% $4,069
    PENNSYLVANIA STATE EMPLOYEES Credit Union 4 6.56% $2,573
    UNION HOME MORTGAGE CORP. 3 6.75% $6,639
    PENNYMAC LOAN SERVICES, LLC 3 6.66% $5,898
    JPMorgan Chase Bank 2 6.94% $5,770
    Ally Bank 2 6.69% $3,748
    CARDINAL FINANCIAL 2 7.37% $8,160
    First Commonwealth Bank 2 6.44% $5,480
    FIRST COMMUNITY MORTGAGE, INC. 2 7.38% $7,892
    HOWARD HANNA FINANCIAL SERVICES, INC. 2 7.50% $6,940
    Ixonia Bank 2 7.13% $4,356
    Marquette Savings Bank 2 6.63% $3,774
    MidAtlantic Farm Credit, ACA 2 7.20% $4,454
    WEST PENN FINANCIAL SERVICE CENTER, INC. 1 6.75% $3,683
    Morgan Stanley Private Bank 1 6.60% $7,417
    Mr. Cooper ( Nationstar Mortgage ) 1 6.49% $6,956
    NAVY FEDERAL CREDIT UNION 1 6.38% $1,833
    NEWREZ LLC 1 7.13% $4,073
    LOANDEPOT.COM, LLC 1 7.38% $3,027
    21ST MORTGAGE CORPORATION 1 8.90% $6,490
    JLB CORPORATION 1 5.99% $3,560
    PHH Mortgage Corporation 1 7.88% $5,316
    Plains Commerce Bank 1 7.13% $14,070
    PLAZA HOME MORTGAGE, INC. 1 6.88% $10,441
    GUILD MORTGAGE COMPANY 1 6.63% $5,881
    PROVIDENT FUNDING ASSOCIATES, L.P. 1 6.25% $5,356
    Flagstar Bank, FSB 1 5.88% $3,670
    State Financial Network, LLC 1 6.13% $3,062
    Dollar Bank, Federal Savings Bank 1 6.50% $4,878
    The Huntington National Bank 1 7.88% $6,444
    CROSSCOUNTRY MORTGAGE, LLC 1 6.13% $4,583
    BAY CAPITAL MORTGAGE CORPORATION 1 6.75% $5,508
    Union Savings Bank 1 7.50% $2,071
    ALLIED MORTGAGE GROUP, INC. 1 7.13% $3,097
    U.S. Bank 1 7.50% $0
    WesBanco 1 6.88% $13,278
    MICHIGAN MUTUAL, INC. 1 6.99% $5,515

    Oil City Average Closing Costs & Other Stats

    Oil City, PA's 45 lenders originated 630 loans during 2024. The total origination value was $76,880,000, with an average loan value of $122,032.

    Oil City's average closing costs are $4,929.

    The top Oil City lender as defined by loan originations is TIDEWATER MORTGAGE SERVICES, INC., with 36 loans originated. Their average total fees are $4,820, which is $483 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Oil City lenders (with over 10 loans originated) are Northwest Bank ($3,735), AFFORDABLE MORTGAGE ADVISORS, LLC. ($4,496), TIDEWATER MORTGAGE SERVICES, INC. ($4,820), QUICKEN LOANS, LLC ($5,303) and .

    The lowest rate Oil City lenders (with over 10 loans originated) are TIDEWATER MORTGAGE SERVICES, INC. (6.68%), QUICKEN LOANS, LLC (6.76%), Northwest Bank (6.87%), AFFORDABLE MORTGAGE ADVISORS, LLC. (7.07%) and .

    Oil City, PA Mortgage Market Share & Volume

    Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

    Name 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
    TIDEWATER MORTGAGE SERVICES, INC. $7,385,000 $7,720,000 4.5% 10.0%
    Northwest Bank $8,920,000 $7,685,000 -13.8% 10.0%
    Citizens Bank $5,115,000 $6,975,000 36.4% 9.1%
    QUICKEN LOANS, LLC $5,375,000 $5,670,000 5.5% 7.4%
    PNC Bank $2,185,000 $3,265,000 49.4% 4.2%
    First National Bank of Pennsylvania $3,570,000 $2,750,000 -23.0% 3.6%
    UNITED WHOLESALE MORTGAGE, LLC $2,065,000 $2,725,000 32.0% 3.5%
    Mortgage Research Center, LLC $1,835,000 $2,465,000 34.3% 3.2%
    PENNSYLVANIA STATE EMPLOYEES Credit Union $2,805,000 $2,380,000 -15.2% 3.1%
    AFFORDABLE MORTGAGE ADVISORS, LLC. $905,000 $1,865,000 106.1% 2.4%
    Marquette Savings Bank $995,000 $1,485,000 49.2% 1.9%
    HOWARD HANNA FINANCIAL SERVICES, INC. $475,000 $1,405,000 195.8% 1.8%
    PENNYMAC LOAN SERVICES, LLC $175,000 $1,115,000 537.1% 1.5%
    Greenville Savings Bank $1,305,000 $1,105,000 -15.3% 1.4%
    First Commonwealth Bank $380,000 $1,095,000 188.2% 1.4%
    The Farmers National Bank of Canfield $5,270,000 $1,040,000 -80.3% 1.4%
    WesBanco $1,005,000 n/a 1.3%
    The Huntington National Bank $345,000 $980,000 184.1% 1.3%
    CARDINAL FINANCIAL $870,000 $935,000 7.5% 1.2%
    Mercer County State Bank $1,730,000 $905,000 -47.7% 1.2%
    UNION HOME MORTGAGE CORP. $1,035,000 $855,000 -17.4% 1.1%
    ARMCO CREDIT UNION $80,000 $785,000 881.3% 1.0%
    Morgan Stanley Private Bank $755,000 n/a 1.0%
    CROSSCOUNTRY MORTGAGE, LLC $135,000 $700,000 418.5% 0.9%
    FREEDOM MORTGAGE CORPORATION $670,000 n/a 0.9%
    FIRST COMMUNITY MORTGAGE, INC. $615,000 n/a 0.8%
    JPMorgan Chase Bank $610,000 n/a 0.8%
    CNB Bank $595,000 $530,000 -10.9% 0.7%
    MidAtlantic Farm Credit, ACA $85,000 $515,000 505.9% 0.7%
    Grove City Area Federal Credit Union $555,000 $470,000 -15.3% 0.6%
    Dollar Bank, Federal Savings Bank $175,000 $460,000 162.9% 0.6%
    NAVY FEDERAL CREDIT UNION $1,160,000 $450,000 -61.2% 0.6%
    LOANDEPOT.COM, LLC $415,000 n/a 0.5%
    TOWNE MORTGAGE COMPANY $400,000 n/a 0.5%
    MOVEMENT MORTGAGE, LLC $385,000 n/a 0.5%
    The ONE $360,000 n/a 0.5%
    PLAZA HOME MORTGAGE, INC. $355,000 n/a 0.5%
    InFirst Bank $205,000 $345,000 68.3% 0.4%
    Flagstar Bank, FSB $260,000 $340,000 30.8% 0.4%
    S&T Bank $300,000 $340,000 13.3% 0.4%
    Ixonia Bank $755,000 $335,000 -55.6% 0.4%
    AmeriServ Financial Bank $115,000 $325,000 182.6% 0.4%
    GUARANTEED RATE AFFINITY, LLC $170,000 $315,000 85.3% 0.4%
    NEWREZ LLC $115,000 $315,000 173.9% 0.4%
    Plains Commerce Bank $315,000 n/a 0.4%
    Ally Bank $310,000 n/a 0.4%
    NEXTIER BANK, NATIONAL ASSOCIATION $340,000 $305,000 -10.3% 0.4%
    Washington Financial Bank $275,000 n/a 0.4%
    Paramount Residential Mortgage Group, Inc. $105,000 $265,000 152.4% 0.3%
    WEST PENN FINANCIAL SERVICE CENTER, INC. $135,000 $240,000 77.8% 0.3%
    Mr. Cooper ( Nationstar Mortgage ) $140,000 $230,000 64.3% 0.3%
    EQUITY RESOURCES, INC. $125,000 $225,000 80.0% 0.3%
    NEW DAY FINANCIAL, LLC $105,000 $225,000 114.3% 0.3%
    BROKER SOLUTIONS, INC. $325,000 $210,000 -35.4% 0.3%
    V.I.P. MORTGAGE, INC. $200,000 n/a 0.3%
    ROYAL UNITED MORTGAGE LLC $180,000 n/a 0.2%
    MICHIGAN MUTUAL, INC. $165,000 n/a 0.2%
    BAY CAPITAL MORTGAGE CORPORATION $155,000 n/a 0.2%
    KeyBank $155,000 n/a 0.2%
    PHH Mortgage Corporation $75,000 $155,000 106.7% 0.2%
    AMERISAVE MORTGAGE CORPORATION $295,000 $150,000 -49.2% 0.2%
    Carrington Mortgage Services, LLC $145,000 $145,000 0.0% 0.2%
    21ST MORTGAGE CORPORATION $135,000 n/a 0.2%
    FIRST HERITAGE FINANCIAL, LLC $135,000 n/a 0.2%
    GENEVA FINANCIAL, LLC $135,000 n/a 0.2%
    GUILD MORTGAGE COMPANY $135,000 n/a 0.2%
    M&T Bank $135,000 $135,000 0.0% 0.2%
    Figure Lending LLC $130,000 n/a 0.2%
    MUTUAL OF OMAHA MORTGAGE, INC. $125,000 n/a 0.2%
    PROVIDENT FUNDING ASSOCIATES, L.P. $125,000 n/a 0.2%
    Discover Bank $175,000 $105,000 -40.0% 0.1%
    NORWICH COMMERCIAL GROUP, INC. $105,000 n/a 0.1%
    Union Savings Bank $165,000 $95,000 -42.4% 0.1%
    AMERICAN FINANCIAL RESOURCES, INC. $85,000 n/a 0.1%
    FINANCE OF AMERICA REVERSE LLC $75,000 n/a 0.1%
    The Federal Savings Bank $75,000 n/a 0.1%
    ALLIED MORTGAGE GROUP, INC. $265,000 $65,000 -75.5% 0.1%
    JLB CORPORATION $410,000 $65,000 -84.1% 0.1%
    LOANPAL, LLC $230,000 $65,000 -71.7% 0.1%
    Coastal Community Bank $60,000 n/a 0.1%
    State Financial Network, LLC $55,000 n/a 0.1%
    U.S. Bank $165,000 $35,000 -78.8% 0.0%
    PENTAGON FEDERAL CREDIT UNION $25,000 n/a 0.0%

    Oil City's top lender by overall market share is TIDEWATER MORTGAGE SERVICES, INC., with 10.0% market share. In second place, with 10.0%, is Northwest Bank, having originated $7,685,000 in loans. In third place, with 9.1%, is Citizens Bank, having originated $6,975,000 in loans. In fourth place, with 7.4%, is QUICKEN LOANS, LLC, having originated $5,670,000 in loans. In fifth place, with 4.2%, is PNC Bank, having originated $3,265,000 in loans.

    Oil City Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - Oil City (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $88,625 (6.6%) $125,894 (3.3%) 0.00 289
    2018-02-01 $88,500 (6.8%) $123,122 (0.4%) 0.00 289
    2018-03-01 $85,000 (1.3%) $119,014 (-4.9%) 0.00 300
    2018-04-01 $83,700 (-3.2%) $119,136 (-4.8%) 0.00 314
    2018-05-01 $83,700 (-6.9%) $119,536 (-6.5%) 0.00 333
    2018-06-01 $84,900 (-5.3%) $120,530 (-4.9%) 0.00 334
    2018-07-01 $87,875 (-2.9%) $127,391 (-2.9%) 0.00 333
    2018-08-01 $88,450 (-2.8%) $130,496 (-0.3%) 0.00 336
    2018-09-01 $93,500 (2.8%) $127,517 (-2.6%) 0.00 323
    2018-10-01 $95,900 (6.7%) $126,515 (-3.8%) 0.00 311
    2018-11-01 $96,175 (7.0%) $124,806 (-4.4%) 0.00 291
    2018-12-01 $94,200 (4.8%) $122,707 (-5.3%) 0.00 268
    2019-01-01 $89,800 (1.3%) $122,309 (-2.9%) 0.00 254
    2019-02-01 $89,700 (1.4%) $124,085 (0.8%) 0.00 247
    2019-03-01 $92,371 (8.7%) $127,185 (6.9%) 0.00 236
    2019-04-01 $97,850 (16.9%) $129,479 (8.7%) 0.00 219
    2019-05-01 $99,125 (18.4%) $126,019 (5.4%) 0.00 212
    2019-06-01 $97,500 (14.8%) $127,545 (5.8%) 0.00 210
    2019-07-01 $89,450 (1.8%) $123,188 (-3.3%) 0.00 223
    2019-08-01 $89,973 (1.7%) $122,119 (-6.4%) 0.00 233
    2019-09-01 $89,932 (-3.8%) $121,451 (-4.8%) 0.00 233
    2019-10-01 $89,900 (-6.3%) $121,432 (-4.0%) 0.00 231
    2019-11-01 $92,950 (-3.4%) $130,629 (4.7%) 0.00 230
    2019-12-01 $93,650 (-0.6%) $132,696 (8.1%) 0.00 224
    2020-01-01 $91,950 (2.4%) $134,243 (9.8%) 0.00 212
    2020-02-01 $94,700 (5.6%) $138,102 (11.3%) 0.00 200
    2020-03-01 $90,000 (-2.6%) $136,226 (7.1%) 0.00 192
    2020-04-01 $89,875 (-8.2%) $136,176 (5.2%) 0.00 183
    2020-05-01 $92,500 (-6.7%) $139,730 (10.9%) 0.00 167
    2020-06-01 $94,950 (-2.6%) $141,453 (10.9%) 0.00 169
    2020-07-01 $95,225 (6.5%) $146,833 (19.2%) 0.00 155
    2020-08-01 $89,950 (0.0%) $139,730 (14.4%) 0.00 139
    2020-09-01 $85,000 (-5.5%) $120,207 (-1.0%) 0.00 142
    2020-10-01 $91,000 (1.2%) $141,610 (16.6%) 0.00 139
    2020-11-01 $97,000 (4.4%) $147,251 (12.7%) 0.00 123
    2020-12-01 $99,700 (6.5%) $147,394 (11.1%) 0.00 113
    2021-01-01 $99,250 (7.9%) $140,997 (5.0%) 0.00 109
    2021-02-01 $99,475 (5.0%) $149,505 (8.3%) 0.00 98
    2021-03-01 $102,975 (14.4%) $164,037 (20.4%) 0.00 79
    2021-04-01 $99,600 (10.8%) $158,515 (16.4%) 0.00 87
    2021-05-01 $99,000 (7.0%) $152,975 (9.5%) 0.00 92
    2021-06-01 $114,900 (21.0%) $153,075 (8.2%) 0.00 91
    2021-07-01 $119,000 (25.0%) $172,106 (17.2%) 0.00 93
    2021-08-01 $119,000 (32.3%) $188,295 (34.8%) 0.00 87
    2021-09-01 $115,000 (35.3%) $163,500 (36.0%) 0.00 92
    2021-10-01 $112,400 (23.5%) $141,317 (-0.2%) 0.00 89
    2021-11-01 $97,725 (0.8%) $138,304 (-6.1%) 0.00 88
    2021-12-01 $90,600 (-9.1%) $138,243 (-6.2%) 0.00 93
    2022-01-01 $94,000 (-5.3%) $140,861 (-0.1%) 0.00 87
    2022-02-01 $98,225 (-1.3%) $148,653 (-0.6%) 0.00 83
    2022-03-01 $107,450 (4.4%) $169,044 (3.1%) 0.00 78
    2022-04-01 $128,000 (28.5%) $192,310 (21.3%) 0.00 76
    2022-05-01 $126,850 (28.1%) $188,253 (23.1%) 0.00 95
    2022-06-01 $130,075 (13.2%) $193,770 (26.6%) 0.00 108
    2022-07-01 $129,900 (9.2%) $187,312 (8.8%) 0.00 119
    2022-08-01 $132,050 (11.0%) $186,650 (-0.9%) 0.00 109
    2022-09-01 $122,450 (6.5%) $180,621 (10.5%) 0.00 102
    2022-10-01 $119,900 (6.7%) $164,242 (16.2%) 0.00 103
    2022-11-01 $125,000 (27.9%) $166,110 (20.1%) 0.00 106
    2022-12-01 $129,700 (43.2%) $194,273 (40.5%) 0.00 99
    2023-01-01 $127,175 (35.3%) $190,873 (35.5%) 0.00 93
    2023-02-01 $128,175 (30.5%) $190,087 (27.9%) 0.00 80
    2023-03-01 $128,725 (19.8%) $193,138 (14.3%) 0.00 72
    2023-04-01 $132,200 (3.3%) $196,896 (2.4%) 0.00 73
    2023-05-01 $133,950 (5.6%) $192,493 (2.3%) 0.00 75
    2023-06-01 $150,875 (16.0%) $206,635 (6.6%) 0.00 86
    2023-07-01 $160,000 (23.2%) $218,452 (16.6%) 0.00 98
    2023-08-01 $151,225 (14.5%) $242,005 (29.7%) 0.00 104
    2023-09-01 $157,000 (28.2%) $245,743 (36.1%) 0.00 106
    2023-10-01 $167,675 (39.9%) $245,934 (49.7%) 0.00 100
    2023-11-01 $148,000 (18.4%) $227,094 (36.7%) 0.00 105
    2023-12-01 $135,000 (4.1%) $226,585 (16.6%) 0.00 97
    2024-01-01 $135,000 (6.2%) $215,147 (12.7%) 0.00 92
    2024-02-01 $135,000 (5.3%) $208,920 (9.9%) 0.00 84
    2024-03-01 $140,000 (8.8%) $206,627 (7.0%) 0.00 87
    2024-04-01 $142,750 (8.0%) $217,051 (10.2%) 0.00 79
    2024-05-01 $154,950 (15.7%) $219,850 (14.2%) 0.00 70
    2024-06-01 $169,900 (12.6%) $236,791 (14.6%) 0.00 74
    2024-07-01 $193,725 (21.1%) $238,629 (9.2%) 0.00 84
    2024-08-01 $189,900 (25.6%) $247,458 (2.3%) 0.00 96
    2024-09-01 $183,250 (16.7%) $249,087 (1.4%) 0.00 103
    2024-10-01 $173,575 (3.5%) $249,096 (1.3%) 0.00 115
    2024-11-01 $169,000 (14.2%) $238,879 (5.2%) 0.00 122
    2024-12-01 $153,725 (13.9%) $223,417 (-1.4%) 0.00 119
    2025-01-01 $149,925 (11.1%) $221,408 (2.9%) 0.00 112
    2025-02-01 $162,250 (20.2%) $237,684 (13.8%) 0.00 93
    2025-03-01 $174,950 (25.0%) $243,909 (18.0%) 0.00 86
    Oil City's median listing price for 2025-03-01 was $174,950, a difference of $34,950 (25.0%) versus the prior year and $12,700 versus the prior month.

    Oil City's median listing price comes in at 0% of the national average.

    Oil City's average listing price for 2025-03-01 was $243,909, a difference of $37,282 (18.0%) versus the prior year and $6,225 versus the prior month.

    For the 2025-03-01 period, Oil City had 86 MLS listings, a difference of -7 listings (-8%) versus the prior month and -1 listings (-1%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Oil City (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,510 sqft
    2018-02-01 0 days 1,509 sqft
    2018-03-01 0 days 1,496 sqft
    2018-04-01 0 days 1,497 sqft
    2018-05-01 0 days 1,514 sqft
    2018-06-01 0 days 1,522 sqft
    2018-07-01 0 days 1,534 sqft
    2018-08-01 0 days 1,537 sqft
    2018-09-01 0 days 1,537 sqft
    2018-10-01 0 days 1,522 sqft
    2018-11-01 0 days 1,528 sqft
    2018-12-01 0 days 1,528 sqft
    2019-01-01 0 days 1,512 sqft
    2019-02-01 0 days 1,512 sqft
    2019-03-01 0 days 1,519 sqft
    2019-04-01 0 days 1,513 sqft
    2019-05-01 0 days 1,489 sqft
    2019-06-01 0 days 1,498 sqft
    2019-07-01 0 days 1,508 sqft
    2019-08-01 0 days 1,508 sqft
    2019-09-01 0 days 1,497 sqft
    2019-10-01 0 days 1,504 sqft
    2019-11-01 0 days 1,539 sqft
    2019-12-01 0 days 1,537 sqft
    2020-01-01 0 days 1,538 sqft
    2020-02-01 0 days 1,538 sqft
    2020-03-01 0 days 1,502 sqft
    2020-04-01 0 days 1,455 sqft
    2020-05-01 0 days 1,488 sqft
    2020-06-01 0 days 1,527 sqft
    2020-07-01 0 days 1,549 sqft
    2020-08-01 0 days 1,496 sqft
    2020-09-01 0 days 1,464 sqft
    2020-10-01 0 days 1,459 sqft
    2020-11-01 0 days 1,541 sqft
    2020-12-01 0 days 1,549 sqft
    2021-01-01 0 days 1,561 sqft
    2021-02-01 0 days 1,588 sqft
    2021-03-01 0 days 1,581 sqft
    2021-04-01 0 days 1,581 sqft
    2021-05-01 0 days 1,608 sqft
    2021-06-01 0 days 1,566 sqft
    2021-07-01 0 days 1,537 sqft
    2021-08-01 0 days 1,630 sqft
    2021-09-01 0 days 1,489 sqft
    2021-10-01 0 days 1,456 sqft
    2021-11-01 0 days 1,458 sqft
    2021-12-01 0 days 1,477 sqft
    2022-01-01 0 days 1,529 sqft
    2022-02-01 0 days 1,513 sqft
    2022-03-01 0 days 1,514 sqft
    2022-04-01 0 days 1,544 sqft
    2022-05-01 0 days 1,544 sqft
    2022-06-01 0 days 1,515 sqft
    2022-07-01 0 days 1,448 sqft
    2022-08-01 0 days 1,472 sqft
    2022-09-01 0 days 1,407 sqft
    2022-10-01 0 days 1,500 sqft
    2022-11-01 0 days 1,498 sqft
    2022-12-01 0 days 1,536 sqft
    2023-01-01 0 days 1,560 sqft
    2023-02-01 0 days 1,556 sqft
    2023-03-01 0 days 1,469 sqft
    2023-04-01 0 days 1,407 sqft
    2023-05-01 0 days 1,443 sqft
    2023-06-01 0 days 1,472 sqft
    2023-07-01 0 days 1,574 sqft
    2023-08-01 0 days 1,616 sqft
    2023-09-01 0 days 1,628 sqft
    2023-10-01 0 days 1,629 sqft
    2023-11-01 0 days 1,631 sqft
    2023-12-01 0 days 1,700 sqft
    2024-01-01 0 days 1,682 sqft
    2024-02-01 0 days 1,676 sqft
    2024-03-01 0 days 1,632 sqft
    2024-04-01 0 days 1,752 sqft
    2024-05-01 0 days 1,691 sqft
    2024-06-01 0 days 1,512 sqft
    2024-07-01 0 days 1,543 sqft
    2024-08-01 0 days 1,549 sqft
    2024-09-01 0 days 1,624 sqft
    2024-10-01 0 days 1,773 sqft
    2024-11-01 0 days 1,778 sqft
    2024-12-01 0 days 1,560 sqft
    2025-01-01 0 days 1,557 sqft
    2025-02-01 0 days 1,675 sqft
    2025-03-01 0 days 1,689 sqft
    Oil City's median listing age (time on market) for 2025-03-01 was 0 days.

    Oil City's median square footage for active listings during the 2025-03-01 period was 1,689 sqft. One year prior, the average listing was 1,632 sqft.

    Oil City, PA Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 280 $42,250,000 $150,893
    Refi 100 $13,740,000 $137,400
    Other 93 $7,055,000 $75,860
    Home Improvement 82 $5,730,000 $69,878
    Cash Out Refi 75 $8,105,000 $108,067

    Oil City's most frequently cited loan purpose was Home Purchase, with 280 originations. The 2nd most popular reason was Refi, with 100 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 235 $32,575,000 $138,617
    Over 8% 147 $12,265,000 $83,435
    7-8% 136 $17,820,000 $131,029
    5-6% 56 $7,950,000 $141,964
    4-5% 3 $515,000 $171,667
    <2.5% 2 $90,000 $45,000

    During 2024, Oil City's most frequently originated rate bucket was 6-7%, with 235 originations.

    Loan Sizing (Oil City, PA MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 304 $17,370,000 $57,138
    $100k-200k 231 $31,265,000 $135,346
    $200k-400k 83 $21,515,000 $259,217
    $400k-600k 8 $3,670,000 $458,750
    $600k-1000k 3 $2,055,000 $685,000
    $Over $1MM 1 $1,005,000 $1,005,000

    Oil City's loan sizing saw the bucket of loans from $100,000 or less with 304 originations, totaling $17,370,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 216 $33,740,000 $156,204
    60-80% 122 $16,960,000 $139,016
    20-40% 114 $8,160,000 $71,579
    40-60% 65 $7,785,000 $119,769
    Under 20% 48 $1,740,000 $36,250
    Over 100% 4 $850,000 $212,500

    Oil City's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 216 originations, totaling $33,740,000 in origination value.