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Updated over 4 years ago,
St. Peter, Minnesota Real Estate Market
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!