A typical Oil home is worth roughly $230,000
What kind of housing town is Oil?
Read from the numbers below. The page puts what stands out first.
1 of Oil’s houses are on the National Register
Half of Oil’s homes were built before 1998.
Indiana: 71% own.
U.S. Census Bureau, American Community Survey 2020-2024. Historic houses: National Register of Historic Places.
A typical home costs 2.5 years of income
Less than across Indiana (3.6 years). Try your own numbers below.
That covers a typical Oil home, with $153K to spare.
A two-bedroom rents for about $970 a month here, $330 less than owning.
How Oil ranks on affordability →
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Oil’s typical property tax (0.52% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $970
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Crawford County, IN): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Oil vs. its neighbors
Oil is the 2nd priciest of 4 neighboring towns. Tap one to see its housing page.
Compare more
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Oil buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Historic houses: National Register of Historic Places. Listings link to their publishers. The calculator is an estimate, not a loan offer.