Active Listings
10
⇧ 100% vs 5 last year
Data as of February 2026. Source: Realtor.com.
The OIL CITY, LA real estate market (71061) currently shows 10 active listings, with 2 pending sales. Homes are averaging 69 days on the market before going under contract.
Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 69 days on market compared to 38 days last year.
The median listing price has fallen 34.6% year-over-year, from $335,000 to $219,000.
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 | 7 | $4,267,200 | $334,500 | $609,600 |
| 71004 | Belcher, LA 71004 | 6.9 mi | 1 | $295,000 | $295,000 | $295,000 |
| 71029 | Gilliam, LA 71029 | 10.1 mi | 1 | $275,000 | $275,000 | $275,000 |
| 71107 | Shreveport, LA 71107 | 12.9 mi | 113 | $32,380,715 | $234,900 | $286,555 |
| 71069 | Rodessa, LA 71069 | 15.2 mi | 1 | $60,000 | $60,000 | $60,000 |
| 75555 | Bivins, TX 75555 | 16.2 mi | 9 | $4,586,067 | $589,900 | $509,563 |
| 75657 | Jefferson, TX 75657 | 19.2 mi | 60 | $21,050,400 | $280,000 | $350,840 |
| 71111 | Bossier City, LA 71111 | 20.0 mi | 239 | $88,283,732 | $323,900 | $369,388 |
| 75692 | Waskom, TX 75692 | 21.1 mi | 13 | $3,019,315 | $239,900 | $232,255 |
| 71101 | Shreveport, LA 71101 | 21.7 mi | 28 | $3,409,196 | $115,000 | $121,757 |
| 71109 | Shreveport, LA 71109 | 21.9 mi | 80 | $5,314,240 | $41,000 | $66,428 |
| 71108 | Shreveport, LA 71108 | 24.1 mi | 108 | $7,065,144 | $50,000 | $65,418 |
| 71129 | Shreveport, LA 71129 | 25.5 mi | 38 | $8,390,666 | $215,000 | $220,807 |
As of February 2026, there are 10 active listings in OIL CITY, LA (zip code 71061), compared to 5 the prior year.
The median listing price in OIL CITY, LA 71061 is $219,000 as of February 2026, a 34.6% decrease from $335,000 the prior year.
Homes in OIL CITY, LA 71061 spend an average of 69 days on the market before going under contract, compared to 38 days the prior year.
Based on current inventory and days-on-market data as of February 2026, OIL CITY, LA 71061 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 69 days on market compared to 38 days last year.
With SELL123.com's maximum 3% commission, sellers in OIL CITY, LA 71061 save an estimated $4,380 compared to a typical 5% commission on the median listing price of $219,000. 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.