Valve hikes Steam Deck prices by over $200, but finally has stock to ship immediately
Valve has raised the price of the Steam Deck significantly, though the handheld gaming PC is now readily available for purchase. The 512GB OLED model now costs $789, up from $549, while the 1TB OLED model costs $949, up from $649. As of this writing, both configurations are listed as in stock on Steam with an estimated delivery date of May 27, 2026.
Price adjustments across the lineup
The price increase applies to both OLED variants of the Steam Deck, marking a jump of over $200 for each model. The 512GB version previously sold for $549 but now carries a $789 price tag, representing a $240 increase. The 1TB model, which was originally $649, now costs $949, a $300 hike. Valve has not publicly explained the reasoning behind the price changes, but the adjustments come as the company has managed to resolve previous supply constraints.
Availability improves after months of shortages
For much of the past year, the Steam Deck was frequently listed as "sold out" or subject to extended wait times, with customers often facing weeks or months before receiving their units. The new pricing appears to coincide with a replenished inventory. Both the 512GB and 1TB OLED models are currently available to order directly from the Steam store, with the platform showing an estimated delivery date of today, May 27, 2026. This marks a notable shift from the previous scarcity, where even paying the original retail price did not guarantee immediate shipment.
No changes to LCD model pricing
Valve continues to sell the earlier LCD version of the Steam Deck, which has not received a price adjustment. The base 64GB LCD model remains at $399, the 256GB LCD model at $529, and the 512GB LCD model at $649. These models are also listed as in stock, though availability may vary. The OLED models, introduced in late 2023, feature improved screens, longer battery life, and a faster processor compared to the LCD versions, which likely justifies the higher price point for some buyers.
Market context
As of May 27, 2026, broader market conditions show modest declines in cryptocurrency prices. Bitcoin is trading at $74,672, down 1.7% over the past 24 hours, while Ethereum is at $2,046.65, down 1.4% over the same period. These movements do not directly affect the Steam Deck's pricing, but they reflect the current macroeconomic environment in which consumer electronics companies like Valve operate.