Oil City Mortgage Rates & Closing Costs

  • JUMP TO:
  • Trends
  • Rates vs. Fees
  • Top Lenders
  • Market Share
  • Market Conditions & Pricing
  • Time on Market/Property Size
  • Loan Attributes
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Oil City averaged 7.55% for the week of 2026-11-05, compared to the national average of 7.18% for the same period.

    The average rate for the prior week (2026-10-29) was 7.21% and one month ago for the week of 2026-10-01, the average rate was 7.35%.

    Oil City's average rate one year ago was 6.54%.

    For refis of the same type during the week of 2026-11-05, the average rate was 7.38%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2026-11-05 7.18%
    Oil City 30 Year Fixed Rate 2026-11-05 7.55%
    Oil City 30 Year Fixed Rate Refi 2026-11-05 7.38%
    Oil City 15 Year Fixed Rate 2026-11-05 6.37%
    Oil City 15 Year Fixed Rate Refi 2026-11-05 7.17%
    Oil City 30 Year FHA 2026-11-05 6.93%
    Oil City 30 Year FHA Refi 2026-11-05 6.73%
    Oil City 30 Year USDA 2026-11-05 7.2%
    Oil City 30 Year USDA Refi 2026-11-05 6.9%
    Oil City 30 Year VA 2026-11-05 6.66%
    Oil City 30 Year VA Refi 2026-11-05 6.56%
    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 2025 Avg. 30yFix Rate 2025 Avg. Closing Costs
    TIDEWATER MORTGAGE SERVICES, INC. 28 6.71% $4,990
    Northwest Bank 19 6.65% $4,842
    QUICKEN LOANS, LLC 18 7.05% $5,822
    AFFORDABLE MORTGAGE ADVISORS, LLC. 13 6.94% $5,918
    UNITED WHOLESALE MORTGAGE, LLC 12 6.85% $5,411
    The Farmers National Bank of Canfield 8 6.83% $4,601
    MidAtlantic Farm Credit, ACA 5 6.67% $6,163
    First National Bank of Pennsylvania 5 6.55% $4,342
    PENNSYLVANIA STATE EMPLOYEES Credit Union 5 6.65% $2,494
    UNION HOME MORTGAGE CORP. 5 6.87% $6,092
    Marquette Savings Bank 5 6.68% $3,602
    PNC Bank 4 6.53% $5,038
    Citizens Bank 3 6.50% $3,494
    ROYAL UNITED MORTGAGE LLC 3 7.63% $6,414
    NEXTIER BANK, NATIONAL ASSOCIATION 3 6.92% $9,347
    First Federal Bank 2 6.63% $3,907
    NAVY FEDERAL CREDIT UNION 2 6.56% $2,733
    HOWARD HANNA FINANCIAL SERVICES, INC. 2 6.31% $5,306
    CROSSCOUNTRY MORTGAGE, LLC 2 6.73% $5,358
    Ixonia Bank 2 6.75% $5,419
    JPMorgan Chase Bank 2 6.43% $7,434
    LOANDEPOT.COM, LLC 2 7.44% $4,866
    WEST PENN FINANCIAL SERVICE CENTER, INC. 1 6.13% $7,682
    Atlantic Coast Mortgage, LLC 1 6.63% $5,496
    Bank of America 1 7.25% $6,955
    BROKER SOLUTIONS, INC. 1 7.50% $4,016
    CARDINAL FINANCIAL 1 6.75% $7,449
    EMM LOANS LLC 1 6.63% $6,719
    EQUITY RESOURCES, INC. 1 6.62% $13,765
    First-Citizens Bank & Trust Company 1 6.63% $4,902
    FIRST COMMUNITY MORTGAGE, INC. 1 6.49% $3,147
    Flagstar Bank, FSB 1 6.50% $5,059
    GUARANTEED RATE AFFINITY, LLC 1 6.50% $9,031
    LOANPAL, LLC 1 6.25% $5,860
    Mortgage Research Center, LLC 1 5.50% $11,039
    MOVEMENT MORTGAGE, LLC 1 6.99% $5,695
    PENNYMAC LOAN SERVICES, LLC 1 6.99% $8,905
    RELIANCE FIRST CAPITAL, LLC 1 7.25% $7,477
    Republic Bank & Trust Company 1 7.00% $6,935
    State Financial Network, LLC 1 6.88% $3,380
    S&T Bank 1 6.75% $3,415
    The Loan Store, Inc. 1 5.99% $11,082
    U.S. Bank 1 6.99% $7,356
    21ST MORTGAGE CORPORATION 1 8.91% $6,974

    Oil City Average Closing Costs & Other Stats

    Oil City, PA's 44 lenders originated 737 loans during 2025. The total origination value was $100,175,000, with an average loan value of $135,923.

    Oil City's average closing costs are $5,074.

    The top Oil City lender as defined by loan originations is TIDEWATER MORTGAGE SERVICES, INC., with 28 loans originated. Their average total fees are $4,990, which is $148 higher than the next largest lender, Northwest Bank.

    The lowest fee Oil City lenders (with over 10 loans originated) are Northwest Bank ($4,842), TIDEWATER MORTGAGE SERVICES, INC. ($4,990), UNITED WHOLESALE MORTGAGE, LLC ($5,411), QUICKEN LOANS, LLC ($5,822) and AFFORDABLE MORTGAGE ADVISORS, LLC. ($5,918).

    The lowest rate Oil City lenders (with over 10 loans originated) are Northwest Bank (6.65%), TIDEWATER MORTGAGE SERVICES, INC. (6.71%), UNITED WHOLESALE MORTGAGE, LLC (6.85%), AFFORDABLE MORTGAGE ADVISORS, LLC. (6.94%) and QUICKEN LOANS, LLC (7.05%).

    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 2024 Loan Value 2025 Loan Value % Change 2025 Market Share
    Northwest Bank $7,685,000 $13,415,000 74.6% 13.4%
    TIDEWATER MORTGAGE SERVICES, INC. $7,720,000 $9,120,000 18.1% 9.1%
    QUICKEN LOANS, LLC $5,670,000 $7,215,000 27.2% 7.2%
    UNITED WHOLESALE MORTGAGE, LLC $2,725,000 $5,185,000 90.3% 5.2%
    First National Bank of Pennsylvania $2,750,000 $4,930,000 79.3% 4.9%
    Citizens Bank $6,975,000 $4,240,000 -39.2% 4.2%
    Greenville Savings Bank $1,105,000 $3,945,000 257.0% 3.9%
    Mortgage Research Center, LLC $2,465,000 $3,490,000 41.6% 3.5%
    AFFORDABLE MORTGAGE ADVISORS, LLC. $1,865,000 $3,335,000 78.8% 3.3%
    PNC Bank $3,265,000 $2,785,000 -14.7% 2.8%
    PENNSYLVANIA STATE EMPLOYEES Credit Union $2,380,000 $2,540,000 6.7% 2.5%
    The Farmers National Bank of Canfield $1,040,000 $2,200,000 111.5% 2.2%
    Marquette Savings Bank $1,485,000 $1,675,000 12.8% 1.7%
    The Honesdale National Bank $1,605,000 n/a 1.6%
    Grove City Area Federal Credit Union $470,000 $1,565,000 233.0% 1.6%
    Mercer County State Bank $905,000 $1,525,000 68.5% 1.5%
    MidAtlantic Farm Credit, ACA $515,000 $1,455,000 182.5% 1.5%
    PENNYMAC LOAN SERVICES, LLC $1,115,000 $1,380,000 23.8% 1.4%
    UNION HOME MORTGAGE CORP. $855,000 $1,340,000 56.7% 1.3%
    JPMorgan Chase Bank $610,000 $1,005,000 64.8% 1.0%
    NEXTIER BANK, NATIONAL ASSOCIATION $305,000 $945,000 209.8% 0.9%
    Bank of America $905,000 n/a 0.9%
    LOANDEPOT.COM, LLC $415,000 $835,000 101.2% 0.8%
    EQUITY RESOURCES, INC. $225,000 $545,000 142.2% 0.5%
    InFirst Bank $345,000 $535,000 55.1% 0.5%
    ARMCO CREDIT UNION $785,000 $520,000 -33.8% 0.5%
    HOWARD HANNA FINANCIAL SERVICES, INC. $1,405,000 $495,000 -64.8% 0.5%
    Republic Bank & Trust Company $495,000 n/a 0.5%
    JMAC LENDING, INC. $480,000 n/a 0.5%
    USAA Federal Savings Bank $460,000 n/a 0.5%
    MID AMERICA MORTGAGE, INC. $455,000 n/a 0.5%
    BROKER SOLUTIONS, INC. $210,000 $450,000 114.3% 0.4%
    NEW DAY FINANCIAL, LLC $225,000 $445,000 97.8% 0.4%
    The Huntington National Bank $980,000 $425,000 -56.6% 0.4%
    CROSSCOUNTRY MORTGAGE, LLC $700,000 $420,000 -40.0% 0.4%
    WEST PENN FINANCIAL SERVICE CENTER, INC. $240,000 $400,000 66.7% 0.4%
    21ST MORTGAGE CORPORATION $135,000 $375,000 177.8% 0.4%
    CNB Bank $530,000 $370,000 -30.2% 0.4%
    AmeriServ Financial Bank $325,000 $365,000 12.3% 0.4%
    Sunflower Bank $355,000 n/a 0.4%
    Ixonia Bank $335,000 $350,000 4.5% 0.3%
    AMERICAN FINANCIAL NETWORK, INC. $345,000 n/a 0.3%
    EMM LOANS LLC $335,000 n/a 0.3%
    First Federal Bank $330,000 n/a 0.3%
    MOVEMENT MORTGAGE, LLC $385,000 $320,000 -16.9% 0.3%
    MUTUAL OF OMAHA MORTGAGE, INC. $125,000 $320,000 156.0% 0.3%
    GUARANTEED RATE AFFINITY, LLC $315,000 $315,000 0.0% 0.3%
    NAVY FEDERAL CREDIT UNION $450,000 $315,000 -30.0% 0.3%
    FREEDOM MORTGAGE CORPORATION $670,000 $310,000 -53.7% 0.3%
    Atlantic Coast Mortgage, LLC $290,000 n/a 0.3%
    AMERICAN FINANCIAL RESOURCES, INC. $85,000 $270,000 217.6% 0.3%
    Carrington Mortgage Services, LLC $145,000 $265,000 82.8% 0.3%
    U.S. Bank $35,000 $260,000 642.9% 0.3%
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $245,000 n/a 0.2%
    S&T Bank $340,000 $235,000 -30.9% 0.2%
    Victorian Finance, LLC $235,000 n/a 0.2%
    CARDINAL FINANCIAL $935,000 $225,000 -75.9% 0.2%
    The Loan Store, Inc. $225,000 n/a 0.2%
    ROYAL UNITED MORTGAGE LLC $180,000 $215,000 19.4% 0.2%
    Mr. Cooper ( Nationstar Mortgage ) $230,000 $210,000 -8.7% 0.2%
    State Financial Network, LLC $55,000 $195,000 254.5% 0.2%
    UTILITIES EMPLOYEES CREDIT UNION $195,000 n/a 0.2%
    TOP FLITE FINANCIAL, INC. $190,000 n/a 0.2%
    BETTER MORTGAGE CORPORATION $185,000 n/a 0.2%
    First-Citizens Bank & Trust Company $185,000 n/a 0.2%
    RANLIFE, INC. $185,000 n/a 0.2%
    Paramount Residential Mortgage Group, Inc. $265,000 $175,000 -34.0% 0.2%
    LOANPAL, LLC $65,000 $165,000 153.8% 0.2%
    KeyBank $155,000 $145,000 -6.5% 0.1%
    NBKC BANK $145,000 n/a 0.1%
    RELIANCE FIRST CAPITAL, LLC $145,000 n/a 0.1%
    Clearview Federal Credit Union $135,000 n/a 0.1%
    CORRY FEDERAL CREDIT UNION $125,000 n/a 0.1%
    PLAZA HOME MORTGAGE, INC. $355,000 $125,000 -64.8% 0.1%
    Discover Bank $105,000 $115,000 9.5% 0.1%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $115,000 n/a 0.1%
    CONTOUR MORTGAGE CORPORATION $105,000 n/a 0.1%
    CREDIT HUMAN FEDERAL CREDIT UNION $95,000 n/a 0.1%
    FIRST COMMUNITY MORTGAGE, INC. $615,000 $95,000 -84.6% 0.1%
    AMERISAVE MORTGAGE CORPORATION $150,000 $90,000 -40.0% 0.1%
    Century Mortgage Company DBA Century Lending Company $90,000 n/a 0.1%
    Coastal Community Bank $60,000 $90,000 50.0% 0.1%
    Flagstar Bank, FSB $340,000 $75,000 -77.9% 0.1%
    FARMERS INSURANCE GROUP FEDERAL CREDIT UNION $65,000 n/a 0.1%
    Wells Fargo Bank $65,000 n/a 0.1%
    WesBanco $1,005,000 $55,000 -94.5% 0.1%
    Bethpage Federal Credit Union $35,000 n/a 0.0%

    Oil City's top lender by overall market share is Northwest Bank, with 13.4% market share. In second place, with 9.1%, is TIDEWATER MORTGAGE SERVICES, INC., having originated $9,120,000 in loans. In third place, with 7.2%, is QUICKEN LOANS, LLC, having originated $7,215,000 in loans. In fourth place, with 5.2%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $5,185,000 in loans. In fifth place, with 4.9%, is First National Bank of Pennsylvania, having originated $4,930,000 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 $185,625 (18.2%) $253,536 (3.2%) 0.00 103
    2024-10-01 $173,575 (3.5%) $246,123 (0.1%) 0.00 116
    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
    2025-04-01 $176,900 (23.9%) $244,193 (12.5%) 0.00 96
    2025-05-01 $164,900 (6.4%) $234,327 (6.6%) 0.00 102
    2025-06-01 $160,750 (-5.4%) $217,084 (-8.3%) 0.00 106
    2025-07-01 $167,000 (-13.8%) $218,585 (-8.4%) 0.00 114
    2025-08-01 $177,950 (-6.3%) $233,463 (-5.7%) 0.00 116
    2025-09-01 $183,725 (-1.0%) $236,920 (-6.6%) 0.00 118
    2025-10-01 $164,950 (-5.0%) $215,965 (-12.3%) 0.00 128
    2025-11-01 $159,900 (-5.4%) $210,921 (-11.7%) 0.00 132
    2025-12-01 $152,450 (-0.8%) $210,423 (-5.8%) 0.00 132
    2026-01-01 $158,450 (5.7%) $247,487 (11.8%) 0.00 119
    2026-02-01 $156,975 (-3.3%) $248,742 (4.7%) 0.00 101
    2026-03-01 $171,199 (-2.1%) $262,869 (7.8%) 0.00 98
    2026-04-01 $179,750 (1.6%) $279,530 (14.5%) 0.00 102
    2026-05-01 $165,000 (0.1%) $275,640 (17.6%) 0.00 108
    2026-06-01 $168,700 (5.0%) $271,325 (25.0%) 0.00 117
    2026-07-01 $175,950 (5.4%) $259,685 (18.8%) 0.00 119
    2026-08-01 $187,700 (5.5%) $267,079 (14.4%) 0.00 128
    2026-09-01 $187,450 (2.0%) $269,142 (13.6%) 0.00 140
    2026-10-01 $180,250 (9.3%) $266,843 (23.6%) 0.00 149
    Oil City's median listing price for 2026-10-01 was $180,250, a difference of $15,300 (9.3%) versus the prior year and $-7,200 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 2026-10-01 was $266,843, a difference of $50,878 (23.6%) versus the prior year and $-2,299 versus the prior month.

    For the 2026-10-01 period, Oil City had 149 MLS listings, a difference of 9 listings (6%) versus the prior month and 21 listings (16%) 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 1,550 sqft
    2020-08-01 0 days 1,515 sqft
    2020-09-01 0 days 1,464 sqft
    2020-10-01 0 days 1,463 sqft
    2020-11-01 0 days 1,541 sqft
    2020-12-01 0 days 1,549 sqft
    2021-01-01 0 days 1,564 sqft
    2021-02-01 0 days 1,603 sqft
    2021-03-01 0 days 1,602 sqft
    2021-04-01 0 days 1,594 sqft
    2021-05-01 0 days 1,617 sqft
    2021-06-01 0 days 1,566 sqft
    2021-07-01 0 days 1,543 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 1,532 sqft
    2022-06-01 0 days 1,515 sqft
    2022-07-01 0 days 1,456 sqft
    2022-08-01 0 days 1,465 sqft
    2022-09-01 0 days 1,401 sqft
    2022-10-01 0 days 1,460 sqft
    2022-11-01 0 days 1,474 sqft
    2022-12-01 0 days 1,526 sqft
    2023-01-01 0 days 1,560 sqft
    2023-02-01 0 days 1,556 sqft
    2023-03-01 0 days 1,490 sqft
    2023-04-01 0 days 1,408 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 1,610 sqft
    2023-09-01 0 days 1,631 sqft
    2023-10-01 0 days 1,634 sqft
    2023-11-01 0 days 1,655 sqft
    2023-12-01 0 days 1,700 sqft
    2024-01-01 0 days 1,689 sqft
    2024-02-01 0 days 1,684 sqft
    2024-03-01 0 days 1,649 sqft
    2024-04-01 0 days 1,761 sqft
    2024-05-01 0 days 1,700 sqft
    2024-06-01 0 days 1,512 sqft
    2024-07-01 0 days 1,523 sqft
    2024-08-01 0 days 1,549 sqft
    2024-09-01 0 days 1,613 sqft
    2024-10-01 0 days 1,745 sqft
    2024-11-01 0 days 1,768 sqft
    2024-12-01 0 days 1,550 sqft
    2025-01-01 0 days 1,550 sqft
    2025-02-01 0 days 1,650 sqft
    2025-03-01 0 days 1,689 sqft
    2025-04-01 0 days 1,746 sqft
    2025-05-01 0 days 1,614 sqft
    2025-06-01 0 days 1,547 sqft
    2025-07-01 0 days 1,496 sqft
    2025-08-01 0 days 1,464 sqft
    2025-09-01 0 days 1,520 sqft
    2025-10-01 0 days 1,553 sqft
    2025-11-01 0 days 1,568 sqft
    2025-12-01 0 days 1,570 sqft
    2026-01-01 0 days 1,568 sqft
    2026-02-01 0 days 1,466 sqft
    2026-03-01 0 days 1,442 sqft
    2026-04-01 0 days 1,506 sqft
    2026-05-01 0 days 1,620 sqft
    2026-06-01 0 days 1,588 sqft
    2026-07-01 0 days 1,616 sqft
    2026-08-01 0 days 1,568 sqft
    2026-09-01 0 days 1,620 sqft
    2026-10-01 0 days 1,620 sqft
    Oil City's median listing age (time on market) for 2026-10-01 was 0 days.

    Oil City's median square footage for active listings during the 2026-10-01 period was 1,620 sqft. One year prior, the average listing was 1,553 sqft.

    Oil City, PA Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 317 $58,095,000 $183,265
    Home Improvement 119 $8,255,000 $69,370
    Refi 109 $13,285,000 $121,881
    Cash Out Refi 104 $13,370,000 $128,558
    Other 88 $7,170,000 $81,477

    Oil City's most frequently cited loan purpose was Home Purchase, with 317 originations. The 2nd most popular reason was Home Improvement, with 119 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 366 $53,500,000 $146,175
    5-6% 113 $15,475,000 $136,947
    7-8% 105 $13,895,000 $132,333
    Over 8% 64 $3,980,000 $62,188
    4-5% 13 $1,795,000 $138,077
    3-4% 3 $165,000 $55,000
    2.5-3% 1 $55,000 $55,000

    During 2025, Oil City's most frequently originated rate bucket was 6-7%, with 366 originations.

    Loan Sizing (Oil City, PA MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 317 $17,895,000 $56,451
    $100k-200k 280 $39,710,000 $141,821
    $200k-400k 119 $30,825,000 $259,034
    $400k-600k 18 $8,750,000 $486,111
    $600k-1000k 2 $1,390,000 $695,000
    $Over $1MM 1 $1,605,000 $1,605,000

    Oil City's loan sizing saw the bucket of loans from $100,000 or less with 317 originations, totaling $17,895,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 240 $45,220,000 $188,417
    60-80% 139 $21,395,000 $153,921
    20-40% 113 $7,565,000 $66,947
    40-60% 97 $11,135,000 $114,794
    Under 20% 69 $2,455,000 $35,580
    Over 100% 3 $515,000 $171,667

    Oil City's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 240 originations, totaling $45,220,000 in origination value.