Provided is a valve seat excellent in radial crushing strength and wear resistance. The valve seat includes an iron-based sintered alloy subjected to oxidation treatment, which is obtained by subjecting an iron-based sintered alloy including: 4 mass% to 15 mass% of Co particles; and hard particles each containing at least one compound of an intermetallic compound, a carbide, a silicide, a nitride, or a boride that has one or more kinds of elements selected from group 4a to 6a elements in a periodic table, and having a hardness of from 600 HV to 1,600 HV to oxidation treatment, and which has an oxide mainly including triiron tetraoxide (Fe 3 O 4 ) and cobalt oxide (CoO) formed on a surface and in an interior of the iron-based sintered alloy. The iron-based sintered alloy subjected to oxidation treatment has an area ratio of the oxide of from 5% to 25% in a cross section thereof in a state prior to installation on the cylinder head.