The area of the present-day town has been settled since Neolithic times. The name Oschatz derives from the Sorbian word for abatis. The first written mention was in 1200 as a name "Johannes de Ozzetz", however the association to Oschatz is uncertain. The first definite mention of the town dates from 1238, as Ozzechz is mentioned in a document from the Henry III, Margrave of Meißen. The oldest document found in the town archive is an indulgence letter from Bishop Conrad of Meißen, dated 1246. In 1344 the people's army The Geharnischten certified for the association of towns Oschatz, Torgau and Grimma, and a schoolmaster was employed in 1365. A fort in Oschatz was first mentioned in 1377, and a watch tower was erected at the site of the current museum. The town received market rights in 1394.
The town hall was built in the Market Square in 1477. In 1478 the town was awarded its own jurisdiction by the local rulers. The current town hall was built between 1538 and 1546. During the Reformation Oschatz, like many towns in the region, turned Protestant. There are still letters from Luther, Melanchthon and Justus Jonas in the town archives.
The 16th century town hall, rebuilt after the 1842 fire
The 19th century neogothic St.-Aegidien-Kirche, with two 75 m high towers
The 13th-15th century Klosterkirche, the only remaining building of the Franciscan monastery
several 16th and 17th century buildings on the Neumarkt square
Monuments:
Monument in the town park to the victims of Fascism with an additional memorial plaque for French Resistance fighters, which was erected in 1984.
Graves and a memorial stone in the graveyard beside the chapel for 19 female predominantly Jewish Concentration Camp prisoners, who were on a death march from one of the subcamps of Buchenwald when they died in April 1945.
Memorial at the corner of Leipziger Platz and Friedrich-Naumann-Promenade in memory of the overnight stay of Ernst Thälmann, the chairman of the KPD before he was interned in Bautzen prison.
Plaque on the house at Strehlaer Straße 5, also in memorial of Thälmann.
Oschatz has a connection to the A14 autobahn via the exits Mutzschen, Leisnig or Döbeln-North. The Bundesstraße 6 goes through the town and the Bundesstraße 169 is few kilometres distant and connects with the A14 as well as the towns of Döbeln (towards Chemnitz) and Riesa (towards Cottbus).
Several historical monuments and other places of interest can be found in the old town.
St. Aegidien church, the main church which can be seen already from the distance when approaching Oschatz on the road.Water well of 1589 at 'Neumarkt' market square.
Oschatz is the terminal station of the narrow gauge Döllnitzbahn.
The city hosted the 2006 Saxon Garden Exhibition (Landesgartenschau) and since that time has renovated and upgraded its landscape park, called O-Park.
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