Valve wants you to pay up to $300 more for the nearly three-year-old Steam Deck OLED

Published: (May 27, 2026 at 03:05 PM EDT)
3 min read

Source: Android Authority

Baldur's Gate 3 Steam Deck on table
Oliver Cragg / Android Authority

TL;DR

  • The Steam Deck OLED is back in stock, but at prices up to $300 higher than before.
  • The 512 GB Steam Deck OLED now costs $789, while the 1 TB configuration runs $949.
  • The hikes may signal higher pricing for future Steam hardware such as the Steam Machine and Steam Frame.

Price increase

High demand for memory and storage has driven component costs up across the board, and consumers have felt the effects throughout early 2026. Earlier this year, the Steam Deck OLED went out of stock at its then‑current prices of $549 for the 512 GB model and $649 for the 1 TB variant. The original Steam Deck LCD sold out permanently, as Valve confirmed the 256 GB model was no longer in production.

Now the Steam Deck OLED is back in stock, but its return comes with a significantly higher price tag:

  • 512 GB model: $789 (up $240)
  • 1 TB model: $949 (up $300)

The handheld ships within three to five days from the Steam Store.

Configuration details

Both Steam Deck OLED configurations are identical except for SSD capacity and a few accessories:

ModelStoragePriceExtras
512 GB512 GB SSD$789Basic carrying case, Steam profile bundle
1 TB1 TB SSD$949Upgraded carrying case with removable liner, exclusive startup movie, keyboard theme

When the OLED first sold out in February 2026, Valve added a footnote to the product page warning that the handheld “may be out‑of‑stock intermittently in some regions due to memory and storage shortages.” That note has been removed now that the device is again available, albeit at higher prices.

Steam Deck Stardew Valley
Oliver Cragg / Android Authority

Alternatives

The Steam Deck OLED turns three years old in November, making it harder for prospective buyers to justify the price. A more affordable option is Valve’s certified refurbished Steam Deck models, which start at $319 for the 256 GB LCD version. Refurbished units carry the same warranty as new devices, though availability is limited.

Future outlook

As the Steam Deck OLED sees a major price hike, attention turns to Valve’s upcoming 2026 product roadmap, which includes:

  • A Steam Machine gaming PC
  • A Steam Frame wireless VR headset
  • A new Steam Controller

While pricing for the Steam Machine and Steam Frame has not been disclosed, the $300 increase on the OLED model does not bode well for a positive pricing outlook for future hardware.

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