An exhaust gas heat recovery system may include a housing, a valve member, and a heat exchanger. The housing may include an inlet, an outlet, a first exhaust gas pathway in communication with the inlet and outlet, and a second exhaust gas pathway in communication with the inlet and outlet. The valve member may be disposed within the housing and may be movable between first and second positions. In the first position, the valve member may allow fluid flow through the first exhaust gas pathway and substantially prevent fluid flow through the second exhaust gas pathway. In the second position, the valve member may allow fluid flow through the second exhaust gas pathway. The heat exchanger may be in communication with the second exhaust gas pathway and may include a conduit containing a fluid in thermal communication with exhaust gas when the valve member is in the second position.