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Single Family ResidenceResidential
$65,299$51 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 60How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026

318 PETROLEUM ST

OIL CITY, PA 16301
3
Beds
2 / 1
Baths
1,280 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.11 ac
Lot SizeThe size of the land the home sits on, from county records.
1900
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
7
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$65K
$39K low$92K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$791 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$21,230 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$3,210
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$18,020
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$21,230
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$21,230

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyVenango
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1940
Lot (acres)The size of the land the home sits on, from county records.0.11
HeatingThe type of heating system in the home.Forced Air
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Smedley Street Elementary School
Elementary · Grades KG–1 · 0.5 mi
M
Oil City Area Middle SchoolB-
Middle · Grades 5–8 · 1.5 mi
H
Oil City Senior High SchoolD+
High · Grades 9–12 · 1.5 mi

District: Oil City Area School District

Neighborhood · ZIP 16301These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.126
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.94
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.27

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.85%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.13%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.16%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.15,184
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.151 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$56,656
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$70,046
Average tempThe average temperature here across a full year.47°F
Annual precipHow much rain and melted snow falls here in a typical year.44 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.45%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

318 Petroleum St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 86% of homes in Venango County
  • Costs less per square foot than 84% of homes in Venango County
  • Has a smaller lot than 88% of homes in Venango County
  • Older than 72% of homes in Venango County

What homes are worth in Oil City 16301

Each bar is how many homes fall in that price range. The marker is this home.

This home
$24K$341K

This home is worth more than 31% of homes in Oil City 16301.

How it measures up in Oil City 16301

The dot is this home. The mark in the middle is the typical home in Oil City 16301.

Estimated value$65,299
CheaperTypical $98,416Pricier

Pricier than 31% of homes nearby

Price per ft²$51
CheaperTypical $68Pricier

Pricier than 36% of homes nearby

Living area1,280 ft²
SmallerTypical 1,392 ft²Bigger

Bigger than 40% of homes nearby

Lot size0.11 ac
SmallerTypical 0.22 acBigger

Bigger than 27% of homes nearby

Year built1900
OlderTypical 1924Newer

Newer than 38% of homes nearby

How 318 Petroleum St ranks against every home in each area.
MeasureThis homeOil City 16301Venango County
Estimated valuepricier than$65,29931% of homes14% of homes
Price per ft²pricier than$5136% of homes16% of homes
Living areabigger than1,280 ft²40% of homes48% of homes
Lot sizebigger than0.11 ac27% of homes12% of homes
Year builtnewer than190038% of homes28% of homes

About 318 Petroleum St

How much is 318 Petroleum St, Oil City, PA worth?

The TopHap Estimate for 318 Petroleum St, Oil City, PA is $65,299 as of Aug 30, 2026. The likely range is $38,881 to $91,717. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 318 Petroleum St, Oil City, PA last sell?

318 Petroleum St, Oil City, PA last sold on Feb 6, 2003, according to the county's recorded deed.

How big is 318 Petroleum St, Oil City, PA?

318 Petroleum St, Oil City, PA has 3 bedrooms, 2 bathrooms, 1,280 square feet of living space and a 0.11-acre lot.

When was 318 Petroleum St, Oil City, PA built?

318 Petroleum St, Oil City, PA was built in 1900, making it 126 years old. The building has 2 stories.

What schools serve 318 Petroleum St, Oil City, PA?

318 Petroleum St, Oil City, PA is assigned to Smedley Street Elementary School (elementary); Oil City Area Middle School (middle), rated B-; Oil City Senior High School (high), rated D+. All sit in Oil City Area School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 318 Petroleum St, Oil City, PA compare to other homes in Oil City 16301?

Among the 7,308 homes in Oil City 16301, it is worth more than 31% of them ($65,299 against a typical $98,416), its price per square foot is higher than 36% of them ($51 against a typical $68), it is bigger than 40% of them (1,280 ft² against a typical 1,392 ft²), its lot is bigger than 27% of them (0.11 ac against a typical 0.22 ac) and it is newer than 38% of them (1900 against a typical 1924). Measured against all of Venango County, it is worth more than 14% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 318 Petroleum St, Oil City, PA?

The 2025 property tax bill for 318 Petroleum St, Oil City, PA was $791. The county assessed it at $21,230.

More homes on Petroleum St

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Assigned schools

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