Data as of July 2026. Source: Realtor.com.
The OIL CITY, LA real estate market (71061) currently shows 12 active listings, with 4 pending sales. Homes are averaging 75 days on the market before going under contract.
Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 75 days on market compared to 73 days last year.
The median listing price has risen 42.6% year-over-year, from $328,475 to $468,500.
Whether you are buying or selling in OIL CITY, LA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
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 July 2026, there are 12 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 $468,500 as of July 2026, a 42.6% increase from $328,475 the prior year.
Homes in OIL CITY, LA 71061 spend an average of 75 days on the market before going under contract, compared to 73 days the prior year.
Based on current inventory and days-on-market data as of July 2026, OIL CITY, LA 71061 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 75 days on market compared to 73 days last year.
With SELL123.com's maximum 3% commission, sellers in OIL CITY, LA 71061 save an estimated $9,370 compared to a typical 5% commission on the median listing price of $468,500. 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.