St. Peter, Minnesota Real Estate Market

[Christopher M.]

Hey Everyone, I am looking at a house-hack property in St. Peter, MN, as I recently accepted a job there, but know very little about the area. I have been looking online and found very little updated info about St. Peter. Does anyone invest in St. Peter, and if so, what is the long-term rental market like? Vacation rental market? I am assuming St. Peter is more of a cash flow game because appreciation is likely low, but am not sure. What's historical appreciation? How has the market been effected by past downturns? I have heard the Mankato market is pretty hot. Is St. Peter effected by its proximity to Mankato at all? 

Thanks for any info or resources you can pass along!

[Michael Stutelberg]

Where are you moving from? St Peter will have a decent market since it is a college town and close proximity to Mankato. Agree that primary focus may be cash flow and not appreciation. BP insights may help with the outlook.