Balve is a town in the Märkischer Kreis district, North Rhine-Westphalia, Germany. It is located in Hönnetal, a narrow valley created by the river Hönne, which is near the Sorpesee, formerly part of Balve, and at the north end of the Sauerland, near Dortmund. The town was established in 1975 with several divisions including Balve, Beckum, and Eisborn.