Homes for Sale in the New River Valley VA Under $200,000
Virginia's New River Valley is a four-county area in Southwest Virginia encompassing Montgomery, Giles, Pulaski, and Floyd Counties along with the independent City of Radford. The region spans approximately 1,458 square miles and is bordered by the Allegheny Mountains to the north and the Blue Ridge Mountains to the south, with the New River flowing through the valley. Major communities include Blacksburg and Christiansburg in Montgomery County, Pulaski and Dublin in Pulaski County, Pearisburg in Giles County, and Floyd in Floyd County. Interstate 81 provides the primary highway connection through the region's central corridor.
New River Valley Homes Below $200,000
Homes listed for sale in the New River Valley below $200,000 represent the region's most accessible entry price points across its four counties and the City of Radford. Properties at this level include smaller single-family homes, rural residential parcels, and older housing stock distributed across the region's smaller towns and rural corridors. Giles and Floyd Counties, both rural in character, include a range of residential listings at this price point, as do the smaller towns of Narrows, Pearisburg, Dublin, and Pulaski. Montgomery County listings below $200,000 tend to be concentrated outside the urbanized Blacksburg-Christiansburg core, in outlying residential areas across the county.
Explore all New River Valley homes priced under $300,000 or browse by community, including Blacksburg real estate and Christiansburg listings. View single-family homes across the region or search investment properties in Virginia under $400,000. Register for a free account to save this search and receive new listing alerts, or call Roots Realty Group at (540) 553-8238 to speak with an agent.
"Based on information submitted to New River Valley Association of REALTORS as of May 29, 2026 11:12 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."