Valley (German pronunciation: [faˈlaɪ̯]) is a municipality in the district of Miesbach in Bavaria in Germany.

In the village of Valley is located the castle Schloss Valley, property of the Counts of Arco, which holds a Museum of Culture and Organs.

Valley is also locally renowned for the brewery Gräfliche Brauerei Arco-Valley, which brews the Graf Arco beer.

In 2002, the village played host to the 1st Extreme Ironing World Championships.

Traces can be found that track the history of the village back as far as to the Celts.