Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Oil City area can be challenging. Home prices in Oil City are now at a median cost of $79,326, lower than the Oklahoma average of $161,319.
The average cost of rent is $731/mo in Oil City, primarily driven by the current value of real estate in the Oil City area. While nearly 62.36% of residents own their homes outright in Oil City, 22.27% rent.
Housing affordability isn’t just about home prices, though. The average household income in Oil City is $4,211 per month. Households that rent pay about 17.36% of their income on rent here. Oil City's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Rexroat, OK: equally priced homes
- Healdton, OK: less expensive homes
- Graham, OK: equally priced homes
- Fox, OK: less expensive homes
- Wirt, OK: equally priced homes
- Newport, OK: higher priced homes
- Wilson, OK: higher priced homes
- Hewitt, OK: equally priced homes
- Milo, OK: higher priced homes
- Woodford, OK: higher priced homes
Cities with Similar Populations
- New Rumley, OH: higher priced homes
- Munster, PA: higher priced homes
- Nancy Run, WV: higher priced homes
- Naomi, MI: higher priced homes
- Nash, ND: higher priced homes
- Nashville, IA: higher priced homes
- Navina, OK: higher priced homes
- Nay Aug, PA: higher priced homes
- Nebo, LA: equally priced homes
- Nebo, MO: higher priced homes
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