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Richland, Suwanee GA

Updated September 2026 · Source: FMLS, compiled by the Terence Richardson Group

Richland is a Suwanee community in Gwinnett County. The FMLS archive we maintain shows 155 closed sales here since January 2020. That's enough to read this market on its own numbers, not Suwanee averages.

Over the trailing 12 months, Richland recorded 19 closed sales at a median price of $465,000. Median days on market: 25. That's about 4 weeks from list to contract, so buyers have room to compare and negotiate. Since 2021, the annual median close price has moved from $407,500 to $452,000. That's up 11%. These figures come from the Terence Richardson Group's own FMLS closed-sales archive, refreshed monthly. It's the same data we price from.

As of September 2026, the pace here has been measured. That usually gives buyers room to negotiate. For sellers, week-one pricing discipline is the difference-maker.

Richland, by the numbers

$465,000
Median close price (trailing 12 mo)
19
Closings (trailing 12 mo)
25
Median days on market
$167
Median price per sq ft
n/a below 20 sales
Avg close-to-list ratio

Data last updated: September 2026. Source: FMLS closed sales, compiled by the Terence Richardson Group. Sample: 19 closed sales.

How is the Richland market moving?

Median close price, Richland
TerenceRichardson.com $530K Oct 2023 Sep 2026 $530K high

Source: FMLS closed sales, compiled by the Terence Richardson Group. Updated September 2026. Y-axis does not start at zero. Months with fewer than 5 closings are omitted from the line.

View the data table
PeriodValue
Oct 2023n/a
Nov 2023n/a
Dec 2023n/a
Jan 2024n/a
Feb 2024n/a
Mar 2024n/a
Apr 2024n/a
May 2024n/a
Jun 2024n/a
Jul 2024n/a
Aug 2024n/a
Sep 2024n/a
Oct 2024n/a
Nov 2024n/a
Dec 2024n/a
Jan 2025n/a
Feb 2025n/a
Mar 2025n/a
Apr 2025n/a
May 2025n/a
Jun 2025n/a
Jul 2025$413K
Aug 2025n/a
Sep 2025n/a
Oct 2025n/a
Nov 2025n/a
Dec 2025n/a
Jan 2026n/a
Feb 2026n/a
Mar 2026n/a
Apr 2026n/a
May 2026$530K
Jun 2026n/a
Jul 2026n/a
Aug 2026n/a
Sep 2026n/a
Closed sales by month, Richland
TerenceRichardson.com 1 Oct 2023 Sep 2026

Source: FMLS closed sales, compiled by the Terence Richardson Group. Updated September 2026.

View the data table
PeriodValue
Oct 20231
Nov 20231
Dec 20230
Jan 20240
Feb 20241
Mar 20240
Apr 20244
May 20244
Jun 20241
Jul 20242
Aug 20241
Sep 20240
Oct 20240
Nov 20241
Dec 20241
Jan 20252
Feb 20250
Mar 20253
Apr 20250
May 20251
Jun 20253
Jul 20255
Aug 20251
Sep 20250
Oct 20250
Nov 20251
Dec 20251
Jan 20260
Feb 20262
Mar 20263
Apr 20262
May 20265
Jun 20262
Jul 20261
Aug 20261
Sep 20261
Median days on market, Richland
TerenceRichardson.com 12d Oct 2023 Sep 2026 28d high

Source: FMLS closed sales, compiled by the Terence Richardson Group. Updated September 2026. Months with fewer than 5 closings are omitted from the line.

View the data table
PeriodValue
Oct 2023n/a
Nov 2023n/a
Dec 2023n/a
Jan 2024n/a
Feb 2024n/a
Mar 2024n/a
Apr 2024n/a
May 2024n/a
Jun 2024n/a
Jul 2024n/a
Aug 2024n/a
Sep 2024n/a
Oct 2024n/a
Nov 2024n/a
Dec 2024n/a
Jan 2025n/a
Feb 2025n/a
Mar 2025n/a
Apr 2025n/a
May 2025n/a
Jun 2025n/a
Jul 202528d
Aug 2025n/a
Sep 2025n/a
Oct 2025n/a
Nov 2025n/a
Dec 2025n/a
Jan 2026n/a
Feb 2026n/a
Mar 2026n/a
Apr 2026n/a
May 202612d
Jun 2026n/a
Jul 2026n/a
Aug 2026n/a
Sep 2026n/a

Subdivision samples are thin by nature; months with fewer than 5 closings are omitted from lines rather than plotted as misleading points.

TRG proprietary data

How often do listings fail to sell in Richland?

32.1% of Richland listings that left the market in the 12 months through September 2026 failed to sell: 9 withdrawn or expired against 19 closed.

That means about 1 in 3 of those listing attempts ended without a sale, after the prep, the showings, the waiting. Each relisting counts separately, so this measures attempts, not homes. Pricing and the first two weeks have a lot to do with which group a listing lands in, and it's the number listing agents almost never show you.

32.1%failed to sell

Geography: Richland, Metro Atlanta, GA · Period: 2025-10-01 to 2026-09-30

Source: FMLS withdrawn and expired records, compiled by the Terence Richardson Group. Sample: 28 terminated listings (9 failed, 19 closed). A failed listing left the market Withdrawn or Expired without closing. Rate = failed / (failed + closed) among listings terminating in the period. Relisted homes count per attempt.

Questions people ask

Richland questions, answered with data

What is the median home price in Richland?

The median home sale price in Richland is $465,000. That's based on 19 closed sales over the trailing 12 months. Source: FMLS data compiled by the Terence Richardson Group, updated September 2026.

How fast do homes sell in Richland?

Homes in Richland sell in a median of 25 days on market. That's about 4 weeks from list to contract, per trailing-12-month FMLS closed sales compiled by the Terence Richardson Group. Well-priced homes move faster than the median; overpriced homes are what carry it.

Is Richland a good place to buy a home in 2026?

Richland gives buyers room to work: the median home takes 25 days to sell, so offers get negotiated. Whether it fits you comes down to price band and timeline, and that's a data question. Terence Richardson of the Terence Richardson Group at Compass prices every recommendation from the group's own FMLS closed-sales dataset for Metro Atlanta, updated monthly.

Thinking about selling in Richland? Every valuation we prepare is hand-built from FMLS comps, including recent Richland closings around the $465,000 median. Request yours. Buying? Tell us what you're looking for.

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The next step begins with a conversation with Terence.

You'll talk through where you are, what the market is doing where you want to be, and whether now is the time. If it isn't, he'll tell you.

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