Data as of September 2026. Source: Realtor.com.
The OIL CITY, LA real estate market (71061) currently shows 10 active listings, with 3 pending sales. Homes are averaging 106 days on the market before going under contract.
Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 106 days on market compared to 102 days last year.
The median listing price has risen 3.5% year-over-year, from $459,000 to $474,950.
Population: 1,859 · Density: 35.3/mi² · Median household income: $34,259
Typical home value: $155,086 · Homeownership: 54.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 71061 | Oil City, LA 71061 | 0.0 mi | 10 | $5,663,750 | $219,000 | $566,375 |
| 71004 | Belcher, LA 71004 | 6.9 mi | 1 | $280,000 | $280,000 | $280,000 |
| 71029 | Gilliam, LA 71029 | 10.1 mi | 1 | $230,000 | $230,000 | $230,000 |
| 71107 | Shreveport, LA 71107 | 12.9 mi | 111 | $39,314,313 | $239,900 | $354,183 |
| 71044 | Ida, LA 71044 | 15.8 mi | 5 | $1,441,665 | $362,250 | $288,333 |
| 71119 | Shreveport, LA 71119 | 18.8 mi | 77 | $28,607,425 | $259,995 | $371,525 |
| 71006 | Benton, LA 71006 | 20.0 mi | 93 | $51,854,010 | $452,445 | $557,570 |
| 71064 | Plain Dealing, LA 71064 | 20.1 mi | 11 | $3,218,842 | $247,250 | $292,622 |
| 71033 | Greenwood, LA 71033 | 21.6 mi | 14 | $3,475,374 | $259,900 | $248,241 |
| 71103 | Shreveport, LA 71103 | 21.7 mi | 32 | $1,341,600 | $36,750 | $41,925 |
| 71104 | Shreveport, LA 71104 | 23.4 mi | 91 | $17,183,166 | $167,925 | $188,826 |
| 71834 | Doddridge, AR 71834 | 25.0 mi | 2 | $599,800 | $299,900 | $299,900 |
| 71105 | Shreveport, LA 71105 | 25.8 mi | 96 | $22,130,496 | $230,500 | $230,526 |
As of September 2026, there are 10 active listings in OIL CITY, LA (zip code 71061), compared to 8 the prior year.
The median listing price in OIL CITY, LA 71061 is $474,950 as of September 2026, a 3.5% increase from $459,000 the prior year.
Homes in OIL CITY, LA 71061 spend an average of 106 days on the market before going under contract, compared to 102 days the prior year.
Based on current inventory and days-on-market data as of September 2026, OIL CITY, LA 71061 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 106 days on market compared to 102 days last year.
With SELL123.com's maximum 3% commission, sellers in OIL CITY, LA 71061 save an estimated $9,499 compared to a typical 5% commission on the median listing price of $474,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.