Snake Valley is a town in central Western Victoria, Australia, on Linton-Carngham Road, 27 kilometres (17 mi) west of Ballarat and 153 kilometres (95 mi) west of Melbourne, in the Shire of Pyrenees. A post office was opened on 1 March 1859. At the 2016 Census, Snake Valley had a population of 743, up from 329 in 2006.

Snake Valley is serviced by a twice-weekly bus service from Ballarat, which runs on Mondays and Fridays. The main means of transport is private vehicle.