House Prices

House Prices & Home Values Oil City, LA 2026


Average Data

average house price$199,755
average size per house1866 ft²
average price per ft²108 $ / ft²

04/16/2026 - The value range (VR) for house prices in Oil City, LA is $106/ sqft to $106/ sqft. An average home with 1866 sqft costs approximately $197,796 to $197,796. Oil City, LA includes 1 ZIP codes and it is located in Caddo county. The lowest prices are found in ZIP 71061, while the highest are in ZIP 71061. The average price per sqare feet is $108. Our analysis is based on 11 property listings.

Avergage prices by ZIP codes Oil City

71061100 $ / ft²




Historical development of home values in Oil City

Year Estimated value (USD) Change vs. 2025
2010 $92,770 -53.6%
2011 $89,182 -55.4%
2012 $88,942 -55.5%
2013 $92,267 -53.8%
2014 $96,855 -51.5%
2015 $101,826 -49.0%
2016 $107,140 -46.4%
2017 $112,922 -43.5%
2018 $119,165 -40.3%
2019 $124,691 -37.6%
2020 $131,137 -34.4%
2021 $149,154 -25.3%
2022 $173,880 -13.0%
2023 $183,364 -8.2%
2024 $193,972 -2.9%
2025 $199,755 0.0%

Graph: estimated home values in Oil City over time (USD)



Example: 100% financing house in Oil City

Loan amount: $199,755

Interest rate: 6.00%

Fixed monthly payment: $1,197.63

Breakdown in the 1st month:
Interest portion: $998.78  –  Principal portion: $198.86

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $11,918.57 $2,453.01 $197,301.99
2 $11,767.27 $2,604.31 $194,697.67
3 $11,606.65 $2,764.94 $191,932.73
4 $11,436.11 $2,935.48 $188,997.26
5 $11,255.06 $3,116.53 $185,880.73
6 $11,062.84 $3,308.75 $182,571.98
7 $10,858.76 $3,512.83 $179,059.16
8 $10,642.10 $3,729.49 $175,329.67
9 $10,412.07 $3,959.52 $171,370.15
10 $10,167.86 $4,203.73 $167,166.42
11 $9,908.58 $4,463.01 $162,703.41
12 $9,633.31 $4,738.28 $157,965.14
13 $9,341.06 $5,030.52 $152,934.62
14 $9,030.79 $5,340.79 $147,593.82
15 $8,701.38 $5,670.20 $141,923.62
16 $8,351.66 $6,019.93 $135,903.69
17 $7,980.36 $6,391.22 $129,512.47
18 $7,586.17 $6,785.42 $122,727.05
19 $7,167.66 $7,203.93 $115,523.12
20 $6,723.33 $7,648.25 $107,874.86
21 $6,251.61 $8,119.98 $99,754.88
22 $5,750.78 $8,620.80 $91,134.08
23 $5,219.07 $9,152.52 $81,981.56
24 $4,654.56 $9,717.02 $72,264.54
25 $4,055.24 $10,316.35 $61,948.19
26 $3,418.95 $10,952.64 $50,995.56
27 $2,743.41 $11,628.17 $39,367.39
28 $2,026.21 $12,345.37 $27,022.01
29 $1,264.78 $13,106.81 $13,915.21
30 $456.38 $13,915.21 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Oil City, LA


1500 sqft3900 sqft
Ø selling price$196,021$416,989
Ø fast selling$178,200$375,290
Ø high price sale$213,841$458,687

In 2026, houses in Oil City, LA will be offered at an average price of $108 per square foot. A 1,500 sqft home priced at $196,021 is 21.57% more expensive per square foot than a 3,900 sqft home priced at $416,989. Home prices in Oil City, LA vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $288,684. Sellers who can wait longer may achieve a higher price of up to $352,836.


Oil City, Louisiana: Small-Town Energy Heritage

Located in Caddo Parish just northwest of Shreveport, Oil City, LA blends small-town charm with a rich energy legacy.

History and Culture

The town grew with the early 20th-century petroleum boom, and today the Louisiana State Oil and Gas Museum tells that story with interactive exhibits.
Historic derricks, archival photos, and community artifacts highlight how the oil fields shaped local livelihoods and regional development.
Annual events and school programs keep that heritage alive while welcoming visitors interested in the Gulf Coast energy corridor.

Nature and Recreation

Outdoor lovers explore nearby Caddo Lake and Black Bayou for fishing, birding, and cypress-lined paddling adventures.
Public boat launches, scenic drives, and photography spots offer easy access to the area?s wetland ecosystems.
Warm, humid summers and mild winters make year-round recreation possible, with spring wildflowers and fall foliage adding seasonal color.

Living and Visiting

Oil City features affordable housing, local eateries, and friendly neighborhoods that appeal to families and retirees.
Travelers reach the town via LA-1 and I-49 through Shreveport, finding convenient services, fuel, and trailered boat parking.
Whether you come for history, nature, or a peaceful weekend escape, Oil City, Louisiana delivers authentic North Louisiana experiences.



FAQ – Home Values in Oil City

What is the median home value in Oil City in 2026?

In 2026, the typical home value in Oil City is about $199,755 for an average home size of 1866 square feet. This corresponds to an average price of roughly $108 per square foot.

What is the average cost per square foot in Oil City?

In 2026, homes in Oil City sell for an average of around $108 per square foot, with a typical range between $106 and $106 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Oil City is about 1866 square feet, with an estimated 2026 value around $199,755.



Locations close to Oil City, LA

Pelican, LA74 $ / ft²
Plain Dealing, LA210 $ / ft²
Pleasant Hill, LA96 $ / ft²
Mooringsport, LA96 $ / ft²
Minden, LA132 $ / ft²
Mansfield, LA123 $ / ft²
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