Question 1

How many Airbnb and VRBO listings are in Oil City?

Accepted Answer

Over the 12 months ending September 2026, the Oil City market averaged 1,014 active Airbnb and VRBO listings, up 8% from a year earlier and up 165% over two years.

Question 2

How much do Airbnbs and VRBOs make in Oil City?

Accepted Answer

An average Oil City listing earns $26K/year. High-performing listings earn $59K, while low-performing listings earn $13K.

Question 3

How much does it cost to buy an Airbnb or VRBO property in Oil City?

Accepted Answer

Median Oil City home prices by size are 1-bedroom $77K, 2-bedroom $132K, 3-bedroom $179K, and 4+ bedroom $202K.

Question 4

What is the occupancy rate for Airbnb and VRBO in Oil City?

Accepted Answer

Average occupancy in Oil City is 31%, producing RevPAR of $55 per available night.

Question 5

Are short-term rentals legal in Oil City?

Accepted Answer

Rules vary across Oil City. Oil City: Lenient. No specific STR regulations identified. Operates under general zoning and business licensing. Minimal enforcement.
Erie: Moderate. Business privilege license required, zoning compliance needed, safety inspections. Some enforcement through complaint-driven system.
Pittsburgh: Moderate. Operating permit required ($50/year), owner-occupancy encouraged but not mandated in all zones, density limits in some neighborhoods. Moderate enforcement with periodic crackdowns on unpermitted units. Verify requirements for the property's jurisdiction.

Question 6

Is the Oil City Airbnb and VRBO market oversaturated?

Accepted Answer

The Oil City Airbnb and VRBO market appears broadly balanced. Supply has grown 8% year-over-year, while RevPAR has increased 12%, showing no clear supply-demand imbalance.

Question 7

When is peak season for Airbnbs and VRBOs in Oil City?

Accepted Answer

RevPAR is highest in July and August; it is lowest in January and February.

Question 8

Which Airbnb and VRBO amenities matter most in Oil City?

Accepted Answer

The most common amenities are Kitchen (98%), Parking (97%), Heating (96%). The strongest positive revenue associations are Internet (+42%), Hot Tub (+37%), TV (+36%).

Question 9

What is the average nightly rate for Airbnbs and VRBOs in Oil City?

Accepted Answer

Average daily rate in Oil City is $216, up 19% year-over-year. Rates peak in July and are lowest in March.

Question 10

How far in advance do guests book Airbnb and VRBO stays in Oil City?

Accepted Answer

Guests in Oil City book an average of 35 days in advance, down 1% from last year. Booking windows range from 31 days for 1-bedroom listings to 43 days for 4+ bedroom listings.

Question 11

Which days of the week perform best for Airbnbs and VRBOs in Oil City?

Accepted Answer

Booking demand is highest on Saturday and lowest on Tuesday. Nightly rates peak on Saturday and are lowest on Tuesday. Weekend occupancy is 82% higher than weekday occupancy.

Question 12

How is gross yield calculated?

Accepted Answer

For each eligible home, annual room-revenue potential is divided by a ZIP- and bedroom-matched home-value estimate. Groups show the median of those yields. Cleaning income is excluded. Gross yield is before expenses and financing.

Neighborhood	Revenue (potential)	Gross yield
1.Oil City & Franklin	$26.9K 40 listings	26.3% 40 listings
2.St. Marys & Ridgway	$29.2K 24 listings	21.4% 24 listings
3.Warren	$21.5K 38 listings	17.3% 38 listings
4.Grove City & Mercer County	$32.5K 52 listings	15.6% 52 listings