Hard Drive Prices: Live Tracker, Chart and 2026 Forecast

live trend from our price database·updated about once a day·last checked
Quick answer

Buy what you need now. Relief is not expected before 2027, and waiting mostly risks paying more later with no clear relief date. The current live floor is $14.99/TB on the HP ST31000640SS 1TB SAS 1TB.

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The hard drives available now, ahead of the increase the outlook describes

Our outlook is directional, not a price: the pressure is upward and we see no reversal signal yet. The 24 cheapest hard drives per terabyte in stock, one row per drive (its cheapest offer, new or used), from the 328 in-stock offers this page tracks - checked just now. The outlook and the case for waiting are below; this table is what is available while you decide.

DriveCapacityConditionPrice$/TB
HP ST31000640SS 1TB SAS
SAS 3.5"
1TBUsed$14.99$14.99Buy on Amazon
HGST HUS724030ALS640 3TB SAS 6G
SAS 3.5"
3TBUsed$45.39$15.13Buy on Amazon
Seagate Constellation ES.2 3TB SAS Enterprise
SAS 3.5"
3TBUsed$48.00$16.00Buy on Amazon
Seagate Constellation ES.2 3TB SAS
SAS 3.5"
3TBUsed$51.00$17.00Buy on Amazon
HP 695842-001 4TB SAS 6G
SAS 3.5"
4TBNew$68.00$17.00Buy on Amazon
HGST Ultrastar HUS723030ALS640 3TB SAS 6G
SAS 3.5"
3TBUsed$55.00$18.33Buy on Amazon
Seagate Enterprise Capacity 4TB SAS 12G 512n
SAS 3.5"
4TBUsed$74.39$18.60Buy on Amazon
HP MB3000FBUCN 3TB SAS 6G
SAS 3.5"
3TBUsed$59.53$19.84Buy on Amazon
MDD 3TB SAS 6G 7200RPM
SAS 3.5"
3TBUsed$59.99$20.00Buy on Amazon
WD Ultrastar 10TB SATA HUH721010ALE600
SATA 3.5"
10TBUsed$200.00$20.00Buy on Amazon
Dell 012GYY 4TB SAS 6G Renewed
SAS 3.5"
4TBUsed$85.00$21.25Buy on Amazon
Dell DRMYH Compellent 4TB NL SAS Renewed
SAS 3.5"
4TBUsed$89.98$22.50Buy on Amazon
Seagate ST3000NM0023 3TB SAS 6G 7.2K
SAS 3.5"
3TBNew$69.00$23.00Buy on Amazon
HGST Ultrastar He10 10TB SAS 12G
SAS 3.5"
10TBUsed$235.00$23.50Buy on Amazon
MDD 6TB SAS 12G 7200RPM
SAS 3.5"
6TBUsed$149.99$25.00Buy on Amazon
Seagate Enterprise Capacity 10TB SAS Helium
SAS 3.5"
10TBUsed$250.00$25.00Buy on Amazon
Toshiba MG07ACA14TE 14TB SATA Enterprise
SATA 3.5"
14TBUsed$349.99$25.00Buy on Amazon
MDD 14TB SATA 6G 7200RPM 256MB Enterprise
SATA 3.5"
14TBUsed$359.99$25.71Buy on Amazon
Seagate BarraCuda 3TB ST3000DM001
SATA 3.5"
3TBUsed$78.39$26.13Buy on Amazon
Seagate 3TB Enterprise Capacity SAS 6G
SAS 3.5"
3TBUsed$79.00$26.33Buy on Amazon
MDD 6TB SAS 12G 7200RPM Renewed
SAS 3.5"
6TBUsed$159.99$26.67Buy on Amazon
WD Ultrastar 14TB SAS WUH721414AL5204
SAS 3.5"
14TBUsed$375.00$26.79Buy on Amazon
HP 508011-001 1TB 6G SAS
SAS 3.5"
1TBUsed$26.99$26.99Buy on Amazon
MDD 10TB SATA 6G 7200RPM Enterprise
SATA 3.5"
10TBUsed$269.99$27.00Buy on Amazon

Lowest cost per warranted terabyte-year

Cost per warranted TB-year = price per TB ÷ manufacturer warranty years. Factory-new drives only, and only where a vendor document we hold names the warranty for that exact part number - the source is linked on each row. A drive without one is not ranked here; its warranty is not estimated. Two named ratios, never combined: this list and the table above are separate orderings, not one score.

DriveCapacityPrice$/TBWarranty$/TB-year
WD Ultrastar 12TB SATA HUH721212ALE601
New
12TB$349.99$29.175 yr (maker)$29.17 ÷ 5 = $5.83Buy on Amazon
Seagate IronWolf Pro 16TB NAS
New
16TB$629.99$39.375 yr (maker)$39.37 ÷ 5 = $7.87Buy on Amazon
WD Ultrastar 10TB SATA HUH721010ALE600
New
10TB$400.00$40.005 yr (maker)$40.00 ÷ 5 = $8.00Buy on Amazon
WD Ultrastar 14TB SATA WUH721414ALE6L4
New
14TB$581.00$41.505 yr (maker)$41.50 ÷ 5 = $8.30Buy on Amazon
Seagate SkyHawk AI 32TB ST32000VE000
New
32TB$1,339.99$41.875 yr (maker)$41.87 ÷ 5 = $8.37Buy on Amazon
Seagate IronWolf Pro 16TB NAS ST16000NE000
New
16TB$678.00$42.385 yr (maker)$42.38 ÷ 5 = $8.48Buy on Amazon
Seagate SkyHawk AI 16TB ST16000VE000
New
16TB$678.00$42.385 yr (maker)$42.38 ÷ 5 = $8.48Buy on Amazon
WD DC HC550 18TB SATA 512MB Enterprise
New
18TB$784.45$43.585 yr (maker)$43.58 ÷ 5 = $8.72Buy on Amazon

Hard drive buying decision tool

Tell it what the drives are for and how much space you need. It works out the drive size your layout needs, then picks from 328 live, in-stock Amazon listings - checked just now - and tells you whether each price is low, usual or high for that exact drive.

You need 3 data drives of at least 12TB each - 4 drives in total, the rest holding redundancy. 12 in-stock drives qualify; for this use we only consider drives our catalogue confirms as CMR (85 offers excluded as SMR or recording tech not stated).

Best value
18TB · SATA · CMR · New · 5-yr warranty (as listed)
$784.45 each$43.58/TBx4 = $3,137.8054TB usable
Lowest price per terabyte among drives big enough - often a larger drive than you strictly need.
Lowest total cost
12TB · SATA · CMR · New
$539.99 each$45.00/TBx4 = $2,159.9636TB usable
The smallest bill that still meets your capacity.
Also qualifiesSizeRec.Cond.$/TBx4 total
WD Red Pro 22TB NAS WD221KFGX22TBCMRNew$43.59$3,835.60Buy on Amazon
Seagate IronWolf Pro 32TB NAS HAMR32TBCMRNew$43.75$5,599.96Buy on Amazon
WD Red Pro 20TB WD202KFGX20TBCMRNew$44.00$3,519.96Buy on Amazon
WD Red Pro 18TB WD181KFGX18TBCMRNew$44.17$3,179.96Buy on Amazon
WD Red Pro 24TB WD241KFGX24TBCMRNew$44.17$4,239.96Buy on Amazon
WD Red Pro 16TB WD161KFGX16TBCMRNew$44.69$2,859.96Buy on Amazon
Seagate Exos M 30TB SATA HAMR Enterprise30TBCMRNew$46.67$5,599.96Buy on Amazon
WD Red Pro 14TB NAS WD142KFGX14TBCMRNew$51.59$2,889.00Buy on Amazon

Usable space is raw arithmetic (data drives x drive size) before filesystem overhead. This tool ranks by price and fit only - the forecast pages carry no buy-or-wait badge on a listing; whether a drive is at its own recorded low is on hard drive deals. No past price is shown. Amazon sets the seller and final price at checkout. For a full NAS basket including the enclosure, see Fill a NAS; for layouts beyond these four, the RAID planner.

Hard drive prices today: the live price tracker

This tracker is built on our own hard drive price data, recorded every day for months across 244 internal drives and 328 offers - new and used or recertified, SATA and SAS. Each row shows the lowest price per terabyte at that capacity in our data (last updated just now) - a level, not a trend. For every listing, sortable by brand, interface and condition, use the full hard drive prices table or prices by capacity.

CapacityCheapest newNew $/TBCheapest used / recertifiedUsed $/TBDrives in stock
1TBSeagate BarraCuda 1TB ST1000DM010 $99.00Buy on Amazon$99.00HP ST31000640SS 1TB SAS $14.99Buy on Amazon$14.999
1.2TBHP 781578-001 1.2TB 12G SAS 10K $55.00Buy on Amazon$45.83Seagate 1.2TB 10K SAS 12G 2.5 $48.00Buy on Amazon$40.009
1.8TBDell VJ7CD 1.8TB 10K SAS 12G 512E $145.00Buy on Amazon$80.56Toshiba 1.8TB 10K SAS 12G 2.5 $120.00Buy on Amazon$66.673
2TBSeagate BarraCuda 2TB ST2000DM001 $109.92Buy on Amazon$54.96Seagate BarraCuda 2TB ST2000DM001 $59.90Buy on Amazon$29.9513
3TBSeagate ST3000NM0023 3TB SAS 6G 7.2K $69.00Buy on Amazon$23.00HGST HUS724030ALS640 3TB SAS 6G $45.39Buy on Amazon$15.1315
4TBHP 695842-001 4TB SAS 6G $68.00Buy on Amazon$17.00Seagate Enterprise Capacity 4TB SAS 12G 512n $74.39Buy on Amazon$18.6025
6TBHGST HUS726060AL5210 6TB SAS 12G $249.00Buy on Amazon$41.50MDD 6TB SAS 12G 7200RPM $149.99Buy on Amazon$25.0020
8TBHP 834031-B21 8TB SAS LFF $262.00Buy on Amazon$32.75Seagate BarraCuda 8TB ST8000DMZ04 $219.99Buy on Amazon$27.5026
10TBWD Ultrastar 10TB SATA HUH721010ALN600 $371.75Buy on Amazon$37.17WD Ultrastar 10TB SATA HUH721010ALE600 $200.00Buy on Amazon$20.0032
12TBWD Ultrastar 12TB SATA HUH721212ALE601 $349.99Buy on Amazon$29.17WD Ultrastar 12TB SATA HUH721212ALE604 $329.99Buy on Amazon$27.5029
14TBWD Ultrastar 14TB SAS $561.45Buy on Amazon$40.10Toshiba MG07ACA14TE 14TB SATA Enterprise $349.99Buy on Amazon$25.0014
16TBSeagate IronWolf Pro 16TB NAS $629.99Buy on Amazon$39.37Seagate Exos X16 16TB $469.99Buy on Amazon$29.3711
18TBSeagate Exos X20 18TB SATA $764.90Buy on Amazon$42.49MDD 18TB SATA 6G 7200RPM NAS $489.99Buy on Amazon$27.2215
20TBMDD 20TB SATA 7200RPM NAS $639.99Buy on Amazon$32.00WD Ultrastar 20TB SATA $589.99Buy on Amazon$29.508
22TBWD Red Pro 22TB NAS WD221KFGX $958.90Buy on Amazon$43.59Seagate Exos X22 22TB $619.00Buy on Amazon$28.149
24TBWD Red Pro 24TB WD241KFGX $1,059.99Buy on Amazon$44.17Seagate Exos X24 24TB $798.99Buy on Amazon$33.293
30TBSeagate Exos M 30TB SATA HAMR Enterprise $1,399.99Buy on Amazon$46.67none in stock-1
32TBSeagate SkyHawk AI 32TB ST32000VE000 $1,339.99Buy on Amazon$41.87none in stock-2

By drive class, median new price per terabyte today: NAS drives $54.47/TB (44 offers); Surveillance drives $53.17/TB (35 offers); Enterprise / datacenter $48.48/TB (68 offers); Desktop drives $53.14/TB (8 offers). Medians are levels across whatever is in stock today; they move when the mix of listed drives changes, so they are never used for a percentage change on this page.

Hard drive price chart

Two charts, because they answer two different questions. The first is the average price per terabyte of every SATA hard drive we tracked each day - a level, useful for seeing where prices sit, but it also moves when drives are added to or leave our catalogue. The second is the honest trend: a matched-model index that compares every listing only with its own earlier price, so a new expensive drive joining the tracker cannot move the line.

SATA HDD Average $/TB — Live from DatacenterDisk price history

Daily average price per TB across all tracked SATA enterprise HDDs, Aug 4 to Oct 15. Live data from the DatacenterDisk price tracker — updates about once a day. Window reflects the actual history in our database, not a modeled projection.

All hard drives (matched index, start = 100)NAS HDD (matched index, start = 100)Enterprise HDD (matched index, start = 100)
95.0100.0105.0start08/0408/1608/2809/0909/2110/0310/14
Matched-model (Jevons) price index: each day, every listing priced on both that day and the previous one contributes its own price change; the daily steps are chained from 100 on the first tracked day. Below 100 means the same drives cost less than when tracking began. Ends at the last complete day. NAS and enterprise use the same split as our June Prime Day retrospective.
SegmentLast 30 daysLast 90 daysListings matched (minimum per step)
All hard drives+0.9%not enough history224
NAS HDD-3.5%not enough history52
Enterprise HDD+2.2%not enough history171

These percentages are the only price changes this page prints, and every one is matched: a listing counts only against its own earlier price, and the smallest number of listings matched at any step is shown beside it. Comparing today's median with last month's would be simpler and wrong - in August 2026 that method once showed hard drive prices up sharply in a week in which almost no seller changed a price; we had simply added expensive NAS drives to the tracker. Separately, recertified drives run 35.8% below the same model new, measured across 11 capacities and 81 model comparisons - a condition discount available every day, not a trend. Longer history, the daily median and cheapest lines, and the equivalent series for SSDs, server memory and tape are on hard drive price trends and all price trends.

What decides a hard drive's price

Capacity, and the price-per-terabyte curve. A bigger drive costs more, but not in proportion. Price per terabyte usually falls as capacity rises, reaches a lowest point, then climbs again at the largest sizes, where the newest platters carry a premium. Today that lowest point for SATA drives is at 10TB, $20.00/TB (39 in-stock offers). Buying at the lowest-cost terabyte is the best value when you have bays to fill; when bays are scarce, the larger drive can still be the right buy despite its higher price per terabyte. The value frontier maps the whole curve.

Drive class. The same capacity costs different amounts in different product lines. Desktop drives, NAS drives, surveillance drives and enterprise nearline drives are built and warrantied for different duty, and priced accordingly - the class medians in the tracker above show the spread today. The right class is the one your use needs, not the most expensive one: a desktop backup drive does not need a datacenter warranty, and a RAID array should not be built from drives whose recording technology is unknown.

Condition. Recertified and used enterprise drives are the cheapest terabyte at most capacities, because hyperscalers retire drives in volume. The saving is real and measured above; the trade is a shorter or third-party warranty and a history you cannot see. See recertified vs new for both sides, capacity by capacity.

Recording technology. CMR (conventional) and SMR (shingled) drives can look identical on a listing. SMR can be cheaper and is a poor fit for RAID rebuilds; many listings do not state which a drive uses. We record it where the maker documents it, label every row, and exclude unknowns from any RAID recommendation. Check any model.

Interface and form factor. SATA drives go into desktops and NAS boxes; SAS drives need a SAS controller and are often cheaper per terabyte on the used market because fewer buyers can use them. 2.5-inch enterprise drives are a different product from 3.5-inch capacity drives. The buying tool asks what the drive is going into so it never recommends one that cannot connect.

Timing. The supply-side case below explains why we do not expect a general fall soon, and the verdict on each drive tells you whether today's price is low, usual or high for that drive specifically. Those two together are the buying decision: buy what you need when the drive you want is not elevated, rather than waiting for a market-wide drop with no date attached.

Decided to buy? Premium drives in stock right now

As of just now, 41% of scored hard drives carry a GOOD PRICE or GREAT PRICE Historical Value signal. The full distribution is 69 great, 38 good, 97 fair, and 56 high. The remaining 68 read In progress: too few days of records, or a price that has not moved enough across its record to call low or high. These are shared Good Price status counts, not displayed historical prices.

If the verdict above lands for you, here is the actionable list — premium enterprise hard drives genuinely in stock this moment on Amazon US. The table balances new and refurbished listings, then ranks each half by price per TB. Buy links go straight to the live listing; specs link to the full drive page.

#$/TBDrivePremium lineCapInterfaceCondTotal
1$29.17WDUltrastar 12TB SATA HUH721212ALE601WD Ultrastar12TBSATA-6GNew$350Buy on Amazon
2$36.13HGSTUltrastar He8 8TB SAS 12G NASWD Ultrastar8TBSAS-12GNew$289Buy on Amazon
3$37.17WDUltrastar 10TB SATA HUH721010ALN600WD Ultrastar10TBSATA-6GNew$372Buy on Amazon
4$38.45HGSTUltrastar He10 10TB SASWD Ultrastar10TBSAS-12GNew$384Buy on Amazon
5$39.37SeagateIronWolf Pro 16TB NASIronWolf Pro16TBSATA-6GNew$630Buy on Amazon
6$40.00WDUltrastar 10TB SATA HUH721010ALE600WD Ultrastar10TBSATA-6GNew$400Buy on Amazon
7$40.10WDUltrastar 14TB SASWD Ultrastar14TBSAS-12GNew$561Buy on Amazon
8$40.29WDUltrastar 14TB SATAWD Ultrastar14TBSATA-6GNew$564Buy on Amazon
9$41.50WDUltrastar 14TB SATA WUH721414ALE6L4WD Ultrastar14TBSATA-6GNew$581Buy on Amazon
10$41.53WDUltrastar 14TB SAS WUH721414AL5204WD Ultrastar14TBSAS-12GNew$581Buy on Amazon
11$41.87SeagateSkyHawk AI 32TB ST32000VE000SkyHawk AI32TBSATA-6GNew$1340Buy on Amazon
12$42.38SeagateSkyHawk AI 16TB ST16000VE000SkyHawk AI16TBSATA-6GNew$678Buy on Amazon
13$42.38SeagateIronWolf Pro 16TB NAS ST16000NE000IronWolf Pro16TBSATA-6GNew$678Buy on Amazon
14$42.49SeagateExos X20 18TB SATASeagate Exos18TBSATA-6GNew$765Buy on Amazon
15$42.50HGSTUltrastar He10 10TB SAS 12GWD Ultrastar10TBSAS-12GNew$425Buy on Amazon
16$25.00ToshibaMG07ACA14TE 14TB SATA EnterpriseToshiba MG14TBSATA-6GREFURB$350Buy on Amazon
17$25.00SeagateEnterprise Capacity 10TB SAS HeliumEnterprise Capacity10TBSAS-12GREFURB$250Buy on Amazon
18$27.14WDUltrastar 14TB SATA WUH721414ALE604WD Ultrastar14TBSATA-6GREFURB$380Buy on Amazon
19$27.50WDUltrastar 12TB SATA HUH721212ALE604WD Ultrastar12TBSATA-6GREFURB$330Buy on Amazon
20$27.86WDUltrastar 14TB SATA WUH721414ALE604WD Ultrastar14TBSATA-6GREFURB$390Buy on Amazon
21$27.86WDUltrastar 14TB SATA WUH721414ALE604WD Ultrastar14TBSATA-6GREFURB$390Buy on Amazon
22$27.99WDUltrastar 10TB SATA HUH721010ALE600WD Ultrastar10TBSATA-6GREFURB$280Buy on Amazon
23$28.14SeagateExos X22 22TBSeagate Exos22TBSATA-6GREFURB$619Buy on Amazon
24$28.29WDUltrastar 12TB SATA HUH721212ALE601WD Ultrastar12TBSATA-6GREFURB$339Buy on Amazon
25$28.33WDUltrastar 12TB SATA HUH721212ALE604WD Ultrastar12TBSATA-6GREFURB$340Buy on Amazon
26$28.33WDUltrastar 12TB SATA HUH721212ALE604WD Ultrastar12TBSATA-6GREFURB$340Buy on Amazon
27$28.89WDDC HC550 18TB SATA 512MB EnterpriseWD Ultrastar18TBSATA-6GREFURB$520Buy on Amazon
28$29.00WDUltrastar 10TB SATA HUH721010ALE604WD Ultrastar10TBSATA-6GREFURB$290Buy on Amazon
29$29.17WDRed Pro 12TB WD121KFBXWD Red Pro12TBSATA-6GREFURB$350Buy on Amazon
30$29.17WDUltrastar 12TB SATA HUH721212ALE600WD Ultrastar12TBSATA-6GREFURB$350Buy on Amazon

See the full ranking on cheapest per TB, or check where to buy for stock across every capacity and source.

The three categories, forecast separately

Storage stopped being one market. Hard drives, flash and server memory are made by different companies in different fabs under different constraints, and in 2026 those constraints diverged far enough that a single forecast for “storage” hides more than it explains. Each category now has its own page, built the same way this one is: live floors from our own catalogue, the supply-side facts we have cited, and a directional outlook that carries its date and its falsifiers.

Hard drives
Lead times, allocation, HAMR
SSDs
NAND contracts and QLC allocation
Server RAM
DRAM wafers lost to HBM
Consumer RAM
Desktop and laptop kits, sourced outlook
PS5 SSDs
NAND costs meet a dated demand spike
External drives
Three families, forecast separately
Used and recertified
The spread, measured two ways

Then and now

Every row says where its numbers came from. Reported rows are figures published by others, cited and dated - we did not measure them. Measured rows are our own series, computed from our daily snapshots. Mixing the two without saying which is which is how a page ends up citing itself.

WhatThenNowProvenance
2TB consumer NVMe SSD, retail$110-130 (2024 sales)$350-480 (mid-2026)Reported
1Tb TLC NAND chip, component~$4.80 (July 2025)~$10.70 (2026)Reported
DDR5-5600 2x32GB consumer kit, retail~$200 (through mid-2025)~$800 (Dec 2025)Reported
Conventional DRAM contract price, 1Q26 QoQ forecast+55-60% (initial estimate)+90-95% (revised 2 Feb 2026)Reported
Our tracked hard drives floor, per TB$11.63 (2026-08-04)$14.99 (2026-10-15)Measured by us
Our tracked SSDs floor, per TB$76.30 (2026-08-04)$119.74 (2026-10-15)Measured by us
Our tracked server memory floor, per GB$4.312 (2026-08-04)$4.921 (2026-10-15)Measured by us

Corrected - hard drives floor, per TB: Until 1 October 2026 this series started at $11.33/TB on 23 March. That was a 3TB MDD drive titled "(Renewed)" that Amazon reported as new; under our definition - new means factory-new with the manufacturer's warranty - it was not, and the series now starts at $11.63/TB, a used Seagate Constellation ES.2 3TB SAS listing. We also checked the five listings removed from our averages on 1 October: none of them ever set this floor.

Corrected - SSDs floor, per TB: From 25 March to 16 August 2026 the cheapest "SSD" in this series was an LTO-9 tape cartridge catalogued as an SSD - two listings, quoted at $20.91 to $25.45 per terabyte - and this page printed it as the SSD floor: on 12 August, for example, as $20.91/TB, when the cheapest SSD a buyer could order that day was $105.00/TB. Those listings, and a third tape catalogued the same way, are now excluded from every floor and average we compute. The series' starting point was checked rather than assumed: $76.30/TB on 23 March is a used Micron 3.84TB SATA SSD, a genuine listing, and the tapes were quoted at $114 to $125/TB that day, so it is unaffected. The series' latest point was also wrong until the evening of 1 October: $125.00/TB was a Buffalo external USB SSD filed as an internal SSD. It and five other external drives were moved to the external category, and the latest point now reads $129.75/TB.

Why “SSD prices” headlines mislead

There is no such thing as the SSD price, and most coverage of this market fails at that first step. Flash is allocated across segments that are priced separately and constrained differently, and a headline that averages them describes a market nobody buys in.

The clearest split is client against enterprise. A consumer NVMe drive and a datacentre SSD are made from the same NAND but sold into different contracts, and when a manufacturer decides where its wafers go, the segment that loses is not the one making the most noise. Enterprise and hyperscale buyers commit volume months ahead; the retail channel takes what is left. That is why a retail price can sit flat through a quarter in which the underlying component repriced sharply, and why it can then move all at once when the contracts reset.

Our own tracked set shows the same shape from the other end. The listings we price are the retail residual, and their behaviour is downstream of allocation decisions taken before the retail buyer entered the market. When our floor holds steady while the matched-model index climbs, that gap is the promotional layer sitting on top of a market that has already moved underneath it.

This is why our forecast is split into three category pages rather than published as one number, and why the SSD page prints “unclear” for the retail floor while stating the underlying pressure as upward. Those two statements are not in tension - they describe different segments of the same supply chain, and collapsing them into one direction would be the mistake this section exists to name.

Our NVMe availability work covers the decomposition in more detail, tracking how much of the catalogue is buyable rather than merely listed. Availability is the leading indicator in an allocated market; price is what happens after the queue has already formed.

How this page updates

The live figures on this page refresh about once a day with our price data. The outlook is a separate thing and it moves on a slower, deliberate cadence: once a month we publish a dated check-in that states what our own numbers did over the previous thirty days, whether the read changed in each category, and whether anything in our cited sources developed. Those editions are archived rather than overwritten, so the record of what we said and when stays checkable - including the months we were wrong.

One note on what this page displays. The only price we ever show for a product is its current one, with the time we last checked it. The trend lines and medians here are aggregate statistics we compute across the whole market - our own measurements rather than any individual listing's price history.

What the supply side says

The forecast starts with supply, because in 2026 supply is the whole story. Four data points define the market:

Read the underlying reporting in WD is sold out for 2026, the memory chip shortage, and hard drive prices up 50%.

The wildcard: new fab capacity, arriving earlier than assumed

Every forecast on this site carries a falsifier list, and most of those falsifiers are abstractions - “if allocation loosens”, “if lead times shorten”. This section names the concrete thing that could do it, and reports that it has already started moving.

YMTC has fast-tracked its Wuhan Phase III NAND fab into mass production in the second half of 2026, roughly a year ahead of the 2027 timeline most coverage of this shortage assumed when it was written. DigiTimes reported the acceleration on 2 February 2026. Phase 3 is reported to reach 50,000 wafers per month by 2027 and 100,000 at full capacity, against roughly 200,000 combined at YMTC's first two Wuhan fabs.

That matters because the entire flash side of the current outlook rests on capacity being tight into 2027. Jefferies Equity Research, in coverage dated 29 June 2026, models storage price increases of 40-50% in Q3 2026 and 30-40% in Q4 2026 and expects no meaningful relief until 2028, explicitly because new NAND fab capacity was not expected until late 2027. If capacity arrives materially earlier than that assumption, the assumption is what breaks first.

We are not going to resolve that disagreement by averaging it, and this is the section where we say so plainly. Jefferies models relief arriving in 2028. The YMTC schedule, as reported, puts significant new NAND capacity into production a year ahead of the timeline that forecast was built on. Both are documented; they cannot both be the whole picture; and we do not have a basis for picking between them that is stronger than the sources themselves.

What would prove each side right is stated in the signals list below rather than guessed at here. For Jefferies: contract prices continuing to climb through Q4 and into 2027, which is what their model expects and what TrendForce's Q3 figure is still consistent with. For the acceleration case: YMTC output reaching the market at volume rather than merely entering mass production, and NAND contract growth stalling earlier than the 2028 horizon implies. Entering production and moving the price of a consumer drive are separated by a supply chain and, on the evidence so far, by quarters.

A wildcard is not a prediction. It is the thing we would be embarrassed not to have been watching if it lands, and it is on this page so that a reader can watch it too.

Signals we watch

These are the things that would change the outlook above. They are checked in every monthly edition, and the edition says so whether or not any of them moved.

  • HDDReported nearline lead times shortening from the 52-week-plus figures.
  • HDDAny manufacturer coming off allocation for nearline capacity.
  • SSDNAND contract price growth stalling or reversing - TrendForce already has Q3 2026 at 10-15% QoQ against Q2's 70-75%, so the deceleration is under way.
  • SSDYMTC's Wuhan Phase 3 output actually reaching the market at volume, rather than merely entering mass production.
  • RAMHBM's share of DRAM wafers falling back toward its earlier level.
  • RAMCommitted 2026 HBM capacity being reallocated or expanded.
  • PS5-SSDNAND contract prices revised DOWN by the trackers that revised them up - TrendForce took 1Q26 NAND from 33-38% to 55-60% QoQ on 2 February 2026.
  • PS5-SSDOur own PS5 in-stock rate recovering across the window we hold, rather than for a single day.
  • PS5-SSDThe 19 November release date moving, which would decouple the demand clock from the supply clock.
  • EXTERNAL-DRIVESThe enclosure premium reopening - external desktop drives drifting back above bare internal drives per terabyte across weeks.
  • EXTERNAL-DRIVESPer-family floors diverging further, which would mean the families are answering to different constraints and must stay separately forecast.
  • USED-DRIVESThe matched recert-vs-new spread narrowing toward zero across weeks - the direct measurement of this category's advantage eroding.
  • USED-DRIVESThe count of capacities where new undercuts recertified growing decisively.
  • USED-DRIVESA step change in decommissioning volume, which would show first as in-stock breadth on the recertified track rather than as a price move.
  • Our own matched-model index turning negative across consecutive monthly editions - not one month, a run.
  • Our in-stock breadth recovering for reasons other than our own catalogue growth.

The case for waiting

In fairness, there is an argument for holding off. Some analysts suggest a possible price correction later in 2026 if hyperscaler ordering cools or if inventory that was double-booked during the panic gets released back into the channel. Seagate's HAMR ramp — the Mozaic platform pushing toward 40TB and beyond — adds real capacity per platter, and more terabytes per drive can ease $/TB pressure over time. If you have no immediate need and can tolerate the risk of the drive you want being unavailable, waiting is not irrational. But it is the weaker bet: a correction is speculative, the HAMR ramp is gradual, and neither addresses the forward contracts already locked through 2028.

The case for buying now

The stronger position is to buy at need. This shortage is powered by a multi-year AI infrastructure buildout, not a six-month chip cycle — hyperscalers are provisioning storage for training and inference workloads that will keep growing, and their forward contracts are already booked to 2028. That is fundamentally different from a shortage caused by a flood or a fab fire, where you can wait for the physical cause to resolve.

Waiting in this environment risks paying more later with no identifiable relief date to wait for. If prices do correct, the downside of having bought is modest — you paid a fair 2026 price for storage you needed. If prices keep climbing, the downside of waiting is real and open-ended. Asymmetric risk favors buying the capacity you actually require now, ideally in refurbished enterprise form for the best $/TB, and not speculating on a timing you cannot control.

Historical context — why 2026 is different

Past storage shortages resolved because their causes were finite. The 2011 Thailand floods knocked roughly 28% of global HDD manufacturing capacity offline almost overnight; prices doubled within 90 days, but the market normalized in about 18 months as factories were rebuilt and drained. The cause was physical and temporary, so recovery was a matter of time.

The 2017-18 DRAM shortage doubled memory prices over roughly 18 months and resolved in about 24 months once new fabrication capacity came online. Again, the fix was additional supply catching up to a demand level that was essentially stable.

2026 breaks the pattern. This shortage is demand-driven and multi-year: AI infrastructure is not a one-time capacity shock that supply eventually laps, but a sustained and growing consumer of storage. The historical 18-to-24-month recovery clock does not start ticking until demand growth flattens — and there is no sign of that yet. That is why the "wait it out" instinct honed in 2011 and 2017 is the wrong instinct here.

What to do

Practically: buy your current requirements now rather than deferring. Prefer refurbished enterprise drives for the best price per TB — see the live $/TB rankings and refurbished enterprise listings. For cold archive that you rarely touch, consider LTO tape, which is the one medium not spiking in 2026. And when you are ready to buy, the where-to-buy guide shows what is actually in stock right now and which alternative sources are worth your time. Check what counts as a good price per TB before you commit, or see the value-frontier page for exactly where the $/TB curve bends and the bay-count math for when the expensive capacity is still the right buy.

The forecast archive

Every monthly edition, newest first, archived rather than overwritten. Each one opens by stating what the previous edition said and what our data actually did - an archive that never grades itself is a blog, not a record.

  • August 2026 check-in2026-08-12
    First edition. Two of three naive floor deltas had the wrong sign against the matched-model index; outlook unchanged in all three categories.

Frequently asked questions

Will hard drive prices go down in 2026?

Almost certainly not in a meaningful way. The supply agreements underpinning the shortage are booked into 2027 and 2028, Western Digital is sold out for calendar 2026, and Seagate can meet only 50-66% of near-term demand. Some analysts float a modest correction, but the structural demand from AI infrastructure buildout means most of 2026 is expected to stay elevated. Relief is not expected before 2027.

Should I buy hard drives now or wait?

Buy what you need now. Waiting exposes you to further increases with no clear relief date, because the forces driving prices — hyperscaler demand, forward-booked supply, tariffs, and the NAND crunch — are multi-year, not a passing spike. Prefer refurbished enterprise drives for the best $/TB, and consider LTO tape for cold archive since it is the one medium not spiking.

When will the hard drive shortage end?

There is no firm end date, but the earliest realistic relief is 2027, and the parallel DRAM/NAND shortage may run to 2028. The supply that would loosen the market is already contractually committed to hyperscalers through 2028, and new capacity from HAMR drives ramps gradually. Treat 2026 as a year to buy at need, not to wait out.

Why are prices rising if manufacturing hasn't stopped?

Because this is a demand shock, not a supply outage. Factories are running near capacity, but seven hyperscalers absorbed essentially all of WD's 2026 nearline output to build AI storage. When demand outstrips even full production and the top buyers lock in forward contracts, retail and channel supply dries up and prices rise — no factory has to close for a severe shortage to occur.

Are SSD prices falling faster than HDD?

The opposite — SSD prices are rising faster. Since September 2025, tracking shows enterprise SSDs up far more than HDDs because the NAND and DRAM shortage hit flash directly, with manufacturers shifting wafer capacity toward High Bandwidth Memory for AI accelerators. HDDs are up around 50%; some SSD tiers have doubled or more. Neither is falling.

Is LTO tape affected by the shortage?

Barely. LTO tape is the one storage medium not spiking in 2026 because its demand base is stable archival use, not AI infrastructure. For cold archive and long-term backup at scale, tape offers the lowest $/TB and is largely insulated from the shortage — though it requires a tape drive, which is economical only above roughly 50TB of archive.

How much does a hard drive cost right now?

The cheapest new, in-stock hard drive we track today costs $68.00 at 4TB ($17.00/TB), $262.00 at 8TB ($32.75/TB), $349.99 at 12TB ($29.17/TB), $629.99 at 16TB ($39.37/TB), $639.99 at 20TB ($32.00/TB), $1,059.99 at 24TB ($44.17/TB). Prices are live Amazon listings, checked just now; the tracker table on this page lists every capacity.

What is a good price per TB for a hard drive?

Judge it against the capacity you are buying. Today the cheapest SATA terabyte is at 10TB, $20.00/TB; smaller and larger drives cost more per terabyte. Our good price per TB page and each drive's verdict badge - which compares it with its own recorded price - are the better test than any single number.

Where can I track hard drive prices?

Here: this page tracks 328 in-stock hard drive offers, refreshed about once a day, with a matched-model price index for the trend and a buying tool on top. The full sortable table is on our hard drive prices page, and the category trend history on the hard drive price trends page.

Are hard drive prices going up or down?

Over the last 30 days our matched-model index for all hard drives moved +0.9% - each listing compared only with its own earlier price, at least 224 listings matched at every step. We do not compare medians across dates, because that measures catalogue changes as if they were price moves.

Is a recertified hard drive worth it?

On price, measured model for model, recertified drives run 35.8% below the same model new, across 11 capacities and 81 model comparisons. What you give up is warranty length and a known history; our recertified pages set out both.

Which hard drive should I buy for a NAS?

A CMR drive - never SMR in a RAID array, and not a drive whose recording technology is unstated. NAS lines (IronWolf, WD Red Plus and Pro, Toshiba N300) and enterprise nearline drives both qualify. The buying tool on this page applies that rule automatically and ranks what is in stock by price per terabyte.

What happened in past storage shortages?

The 2011 Thailand floods took about 28% of global HDD capacity offline and doubled prices within 90 days, but normalized in roughly 18 months because the cause was finite and physical. The 2017-18 DRAM shortage doubled memory prices over 18 months and resolved in about 24 months when new fabs came online. 2026 is different: it is demand-driven and multi-year, so the historical 18-24 month recovery pattern does not cleanly apply.

Will SSD prices go down in 2026?

Our honest read is unclear for the retail floor and upward for the underlying pressure, and we would rather print that than manufacture a direction. TrendForce forecasts NAND contract prices rising 10-15% QoQ in Q3 2026 - a real slowdown from Q2's 70-75%, but still an increase. Jefferies models rises through Q4 2026 with no relief until 2028. Against that, YMTC's Wuhan Phase 3 entered mass production in H2 2026, roughly a year ahead of the timeline those forecasts assumed. The pressure is documented; the retail floor is where promotional activity can mask it for weeks, which is why we do not put a number on it.

Is Black Friday worth waiting for?

It depends on what a discount actually is, and this is where our verdicts earn their keep. A Black Friday percentage is calculated against a list price, and a list price raised shortly before the sale makes the percentage bigger without making the price better. Our verdicts compare a drive against its own tracked record instead, so they are immune to that. If you need storage before late November, the honest answer is that a badge saying a drive is at the cheap end of its own record today is worth more than an unknown percentage in three months. We are preparing a dedicated Black Friday analysis for October, once the verdict engine has enough months behind it to say how often drives genuinely reach their lows in November.

How often is this forecast updated?

The live figures on this page refresh about once a day with our price data. The outlook itself is reviewed monthly and published as a dated edition that states what our own numbers did over the previous thirty days, whether the read changed in each category, and whether anything in our cited sources developed. Those editions are archived rather than overwritten, so you can check what we said and when - including the months we got it wrong.

Guide
Where to Buy →
Live stock and vetted sources.
Benchmark
Good $/TB in 2026? →
Live benchmarks for a fair price now.
Archive
LTO Tape →
The one medium not spiking in 2026.

Related report: The Hard Drive Lead-Time Crisis — why the wait may outlast your plan