Jack Hyland acquires 1000 Eighth St., Farmington, appraised at $427,500

The home at 1000 Eighth St., Farmington, Dakota County, was sold on June 23 by Zi Fang Pan and Xiang Ji Chen for $427,500.

Jack Hyland was listed as the buyer.

Property taxes on the home totaled $5,246 in 2026, or 1.2% of the sale price.

This property is one of 41 sales in Farmington, Dakota County, between May 23 and June 23.

This article is based on data published by BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.