C
54%
Med. Home Val. NAT. AVG.
65%
Rent NAT. AVG.
38%
Owner Occ. NAT. AVG.
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Oil City Housing Information

IndexOil CityLouisianaNational
Median home price$85,000$148,300$184,700
Median rent asked$329$800$949
Avg. people per household2.02.62.6
Owner occupied households39.4%65.4%63.6%
Renter occupied households60.6%34.6%36.4%
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Housing Quick Facts

  • The median home price in Oil City is 54% lower than the national average.
  • The median rent asked in Oil City is 65% lower than the national average.
  • The average number of people per household in Oil City is 22% lower than the national average.
  • The number of owner occupied households in Oil City is 38% lower than the national average.
  • The number of renter occupied households in Oil City is 66% higher than the national average.

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Vivian, LA3,531$55,50070%
      Mooringsport, LA522$74,80060%
      Hosston, LA292$86,90053%
      Gilliam, LA109$112,50039%
      Belcher, LA296$129,20030%
      Oil City, LA829$85,00054%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Axtell, NE829$147,10020%
      Elberfeld, IN829$126,70031%
      Screven, GA829$78,20058%
      Lilly, PA829$78,10058%
      Grand Junction, IA829$69,00063%
      Oil City, LA829$85,00054%
      Source: The Oil City, LA housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).