16301 Home Values & Market Trends

There are 14 homes currently listed for 16301. 16301 real estate market trends show that home prices range from $5,500 to $350,000, and the median sales price in the 16301 zip code is $87,549.53. The total number of properties sold within the past twelve months is 187. In 16301, 11 properties are in foreclosure, 4 are bank owned properties,and 7 are headed for auction.

Housing Market Summary for 16301

Apr 2023March 2024Change
Median Listing Price$99,900$85,564.5-14.35%
Median Sold Price$70,000$85,564.522.23%
Homes For Sale1511-26.67%
Homes Sold10295-6.86%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 16301

The median list price of a home in Oil City, is $87,549.53. A total of 14 properties are for sale, and the percentage of properties for sale in the zip code is 14.00%. The total count of 16301 properties is 6,494.

Foreclosure
There is 1 cities within 16301; within this cities, the median estimated home value for homes in foreclosure ranges from $194,995 in oil city to the lowest value of $47,055 in oil city. Foreclosure homes account for 0.00% of properties in 16301 with oil city containing 11 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 16301 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 16301; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 16301 ranges from the highest value of $130,426 in oil city to the lowest value of $55,406 in oil city. Bank owned homes and properties account for 0.06% of properties in 16301. There is 1 cities within 16301; oil city containing 4 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    oil city has 7 auction properties, the highest number of properties going to auction in a single city in the state of 16301. Auction homes and other auction properties account for 0.11% of all properties in 16301. There is 1 cities within 16301; of that cities, the median estimated home value for homes going to auction ranges from $194,995 in oil city to the lowest value of $47,055 in oil city.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.22% of residential properties in 16301 with oil city containing 14 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 16301; homes for sale in that cities, have a range of median values from $216,796 in oil city to the lowest value of $34,779 in oil city.
    Sold Homes
    The median value for recently sold homes ranges from $299,104 in oil city to the lowest price of $20,180 in oil city. There is 1 cities within 16301. oil city has 94 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.45% of properties in 16301.

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      Guide for 16301

      Market Reports
      Philadelphia Real Estate Market Sees Winter Downturn: 2023 Peak Gives Way to Softening Prices in 2024
      RealtyTrac Market Report
      Pennsylvania
      Philadelphia Property Market on the Rise: A Year of Price Gains and Evolving Buyer Challenges
      Home Buying Guides & Tips
      Pennsylvania Foreclosure Laws
      A new house being built
      Investment Financing
      What Type of Loan Is Best for First-Time Home Buyers?
      See More Articles
      Philadelphia Real Estate Market Sees Winter Downturn: 2023 Peak Gives Way to Softening Prices in 2024
      Market Reports|posted 28 February 2024

      Philadelphia saw fluctuations in property values, price per square foot, and number of homes sold for the last 12 months.

      RealtyTrac Market Report
      Philadelphia Property Market on the Rise: A Year of Price Gains and Evolving Buyer Challenges
      Pennsylvania|posted 7 December 2023

      Explore Philadelphia’s evolving property market in our latest blog post, where we analyze the notable trends in property values, cost per square foot, and the complexity of average sold prices within the city’s vibrant real estate landscape.

      Pennsylvania Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Pennsylvania Foreclosure Laws

      A new house being built
      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?