The Steam Deck Is Sold Out Again, Even After the Huge Price Rise
Valve has significantly increased Steam Deck prices, with the 1TB OLED model now priced at $949—a substantial $300 increase from its original price point. Despite this dramatic price hike, the handheld gaming PC sold out again within 24 hours of stock replenishment in North America.
The rapid sellout surprised industry observers, as the price increase represents roughly a 50% jump that many expected would deter buyers. However, demand remained strong enough to clear inventory quickly. According to the Steam Deck store page, the device is now “out-of-stock intermittently in some regions due to memory and storage shortages.”
This price increase is part of a broader trend affecting gaming hardware across the industry. Other major platforms have experienced similar increases, with Sony raising PlayStation 5 prices in March 2025. Industry analysts attribute these price hikes to an ongoing RAM crisis affecting component availability and costs.
The situation highlights a delicate balance in the gaming hardware market. While prices are rising significantly, demand continues to outpace supply—suggesting the market hasn’t yet reached a price ceiling where consumers stop purchasing. However, industry observers note there is a theoretical point where prices could rise to levels consumers cannot afford, potentially constraining future growth.
The Steam Deck’s continued strong sales despite its new premium pricing demonstrates significant consumer demand for the platform, even as supply constraints persist.