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Exempt (Full Or Partial)Other / Unknown
$245,131$107 / 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 91How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $210,000 on Feb 16, 2024

8 PENN WAY

OIL CITY, PA 16301
4
Beds
1.5
Baths
2,283 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.
0.48 ac
Lot SizeThe size of the land the home sits on, from county records.
1955
Year BuiltThe year the home was originally built, according to county records.
1
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.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$245K
$224K low$266K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$210,000 · Feb 16, 2024

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,240 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$115,320 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$16,720
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$98,600
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$115,320
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$115,320

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Exempt (Full Or Partial)
CountyVENANGO
Lot (acres)The size of the land the home sits on, from county records.0.48
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Mat/Raft Foundation (Slab)
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(5)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

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

E
Hasson Heights Elementary SchoolC
Elementary · Grades KG–4 · 0.4 mi
M
Oil City Area Middle SchoolD+
Middle · Grades 5–8 · 0.4 mi
H
Oil City Senior High SchoolC
High · Grades 9–12 · 0.5 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

8 Penn Way 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 more than 92% of homes in Oil City 16301
  • Costs more per square foot than 74% of homes in Oil City 16301
  • Bigger than 91% of homes in Venango County
  • Has a bigger lot than 69% of homes in Oil City 16301
  • Newer than 72% of homes in Oil City 16301

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
$23K$316K

This home is worth more than 92% 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$245,131
CheaperTypical $95,946Pricier

Pricier than 92% of homes nearby

Price per ft²$107
CheaperTypical $69Pricier

Pricier than 74% of homes nearby

Living area2,283 ft²
SmallerTypical 1,386 ft²Bigger

Bigger than 90% of homes nearby

Lot size0.48 ac
SmallerTypical 0.22 acBigger

Bigger than 69% of homes nearby

Year built1955
OlderTypical 1924Newer

Newer than 72% of homes nearby

How 8 Penn Way ranks against every home in each area.
MeasureThis homeOil City 16301Venango County
Estimated valuepricier than$245,13192% of homes81% of homes
Price per ft²pricier than$10774% of homes52% of homes
Living areabigger than2,283 ft²90% of homes91% of homes
Lot sizebigger than0.48 ac69% of homes42% of homes
Year builtnewer than195572% of homes49% of homes

About 8 Penn Way

How much is 8 Penn Way, Oil City, PA worth?

The TopHap Estimate for 8 Penn Way, Oil City, PA is $245,131 as of Sep 24, 2026. The likely range is $224,169 to $266,093. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 8 Penn Way, Oil City, PA last sell?

8 Penn Way, Oil City, PA last sold on Feb 16, 2024 for $210,000, according to the county's recorded deed. TopHap holds 4 recorded sales for this parcel.

How big is 8 Penn Way, Oil City, PA?

8 Penn Way, Oil City, PA has 4 bedrooms, 1.5 bathrooms, 2,283 square feet of living space and a 0.48-acre lot.

When was 8 Penn Way, Oil City, PA built?

8 Penn Way, Oil City, PA was built in 1955, making it 71 years old. The building has 1 story.

What schools serve 8 Penn Way, Oil City, PA?

8 Penn Way, Oil City, PA is assigned to Hasson Heights Elementary School (elementary), rated C; Oil City Area Middle School (middle), rated D+; Oil City Senior High School (high), rated C. All sit in Oil City Area School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 8 Penn Way, Oil City, PA compare to other homes in Oil City 16301?

Among the 7,309 homes in Oil City 16301, it is worth more than 92% of them ($245,131 against a typical $95,946), its price per square foot is higher than 74% of them ($107 against a typical $69), it is bigger than 90% of them (2,283 ft² against a typical 1,386 ft²), its lot is bigger than 69% of them (0.48 ac against a typical 0.22 ac) and it is newer than 72% of them (1955 against a typical 1924). Measured against all of Venango County, it is worth more than 81% 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 8 Penn Way, Oil City, PA?

The 2026 property tax bill for 8 Penn Way, Oil City, PA was $4,240. The county assessed it at $115,320.

More homes on Penn Way

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