Why a Used PS5 Pro Is Selling for $500 Over List Price
GameStop is listing a used PlayStation 5 Pro for $1,399.99. That is $500 above Sony's $899.99 list price. The listing was reported on Oct. 10, 2026. Engadget
The reversal is unusual. A secondhand console is selling for more than a new one. GameStop is not the only seller pricing secondhand stock at a premium. Best Buy is listing the PS5 Pro for over $1,500. Walmart has an open-box unit, meaning a returned item resold without full new packaging, for $1,200. Resale listings on eBay regularly top $1,100. GameStop's own site shows the split. A new PS5 Pro is listed at $899.99 next to pre-owned and refurbished units, meaning used hardware tested for resale, at $1,329.99, and a pre-owned and refurbished version with a disc drive included at $1,424.99.
Sony's own pricing shows the gap. Sony lists the PS5 Pro at $899.99, $200 more than its starting price when the console launched in 2024. Engadget PlayStation lists the standard PlayStation 5 with 1 TB of storage at $649.99 and the Digital Edition with 825 GB at $599.99. PlayStation Blog The Pro model includes 2 TB of built-in storage and can run games at up to 120 frames per second in 4K resolution, with support for more than 8,500 older PS4 games.
Supply is still tight. In Japan, Sony set up a lottery for PS5 Pro purchases linked to minimum hours played. An August 2026 JPMorgan report predicted prices for DRAM, the memory chips used in consoles and other electronics, will have risen 400 percent worldwide by the end of 2026 compared with the PS5 Pro's 2024 release. In September 2026, Playfront reported on internal memos between Sony and distributors saying the PS5 Pro shortage would last through early 2027 at the earliest. Engadget
The broader context here is that real price-setting has moved to the secondhand market. When used units sell above list price at several large retailers, the list price stops working as the actual selling price and acts more like a floor. For people who buy hardware, plan product life cycles, or handle refurbished stock, that matters. The profit goes to whoever has units to sell, not necessarily to whoever tests them or handles warranty and shipping. Memory costs and limited supply explain part of the difference, but the way the market is structured explains the rest.
In my view, there is a longer-term point worth noting. Shoppers are willing to pay $1,300 to $1,500 for a mid-generation update with more storage and smoother high-resolution play, which suggests extra performance still carries a premium late in a console's life. A September 2025 report said GameStop Pro members were offered a pre-owned unit for $1,330, which points to a lasting premium rather than a brief spike. Gamespot If supply returns to normal after early 2027, prices should settle. The large base of owners buying during the shortage will still be there for games and services, where the durable value has usually built up over time.
