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Area data

Oil City, LA — ZIP 71061

Population: 1,977 (Census ACS)

The median home value in ZIP 71061 (Oil City, LA) is $109,738 — down 1.1% over the past year. Homes sell for a median $234,500 after a median 176 days on market. FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Moderate, with icestorm, lightning, strongwind the top-rated hazards. Cost of living is 9.5% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$109,738

Median home value

-1.1%

1-year change

176

Median days on market

Relatively Moderate

Hazard risk (county)

Home values & appreciation

Median home value
$109,738
1-year appreciation
-1.1%
3-year appreciation
-13.1%
5-year appreciation
-12.3%
10-year appreciation
-3.4%
All-time peak (2020-11)
$131,337
House Price Index (state)
368.9 (+2.6% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$234,500
Median list price
$424,500
Median price per sqft
$126
1-year sale-price change
+216.6%
Median days on market
176 days
Homes sold (recent period)
4
For-sale inventory
10
Sale-to-list ratio
95.6%
Active listings
7
1-year forecast
-2.0%

Source: recent area sales and market data (ZIP-level)

Affordability

Cost of living index (Below Average)
90.5 (100 = US avg)
Electricity rate (state-level)
12.6¢/kWh
Natural gas rate (state-level)
$17.40/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Moderate
Top hazards (county)
iceStorm, lightning, strongWind, coldWave, drought
Notable hazard ratings (county)
coldWave: Relatively High · drought: Relatively High · earthquake: Relatively Low · hail: Relatively High · heatWave: Relatively High · hurricane: Relatively Moderate
Wildfire risk to homes (county)
Higher than 47% of US counties
Buildings in wildfire direct-exposure zone
29.9%
Radon potential (county)
Low radon potential — EPA Zone 3 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Longhorn Army Ammunition Plant (11.1 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
65.0°F
Average high
78.0°F
Average low
53.0°F
Annual precipitation
51.1 in
Annual snowfall
0.8 in
USDA plant hardiness zone
8b (extreme annual low 15 to 20°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
38
Days with Good air quality
277
Days with Moderate air quality
76
Highest AQI recorded (year)
100

Source: EPA air quality data (nearest monitoring station, annual)

Amenities

Airports within 30 mi
21
Nearest airport
Thackers Airport (3 mi)
Nearest major airport
Shreveport Regional Airport (SHV) (23 mi)
Hospitals nearby (~15 mi)
1,090
Hospitals include
MIZELL MEMORIAL HOSPITAL, CRENSHAW COMMUNITY HOSPITAL, CRENSHAW COMMUNITY HOSPITAL
Avg hospital rating (CMS)
3.1 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Good (4.5 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-875 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,980
Housing built before 1970
29.3%
Housing built 2000 or later
25.1%
Median annual property tax
$424
Households with broadband internet
46.4%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
90,598
Average weekly wage
$1,040
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
221

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 71061State medianUS median
Median home value$109,738$186,662$289,727
Median sale price$234,500$225,000$325,000
Median days on market176 days74 days51 days
Median annual property tax$424$576$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 71061?
$109,738.
What is the median sale price in ZIP 71061?
$234,500.
How long do homes take to sell in ZIP 71061?
Median days on market: 176 days.
What is the natural-hazard risk in ZIP 71061?
Overall risk: Relatively Moderate (FEMA NRI, county-level). Top hazards: iceStorm, lightning, strongWind, coldWave, drought.
What is the wildfire risk in ZIP 71061?
Risk to homes is higher than 47% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 71061?
Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 71061?
No current or proposed National Priorities List sites within 5 miles (EPA).
What is the air quality in ZIP 71061?
Good. Median AQI: 38. (EPA AQI).
What is the cost of living in ZIP 71061?
Regional Price Parity: 90.5 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents