Homey Pro and Homey Pro Mini Price Increase: What You Need to Know

In a move that will affect smart home enthusiasts, Homey has announced a price hike for its flagship Homey Pro and Homey Pro Mini hubs. Here are the key questions and answers about the upcoming changes.

• What specific price changes are coming to Homey devices?
• When will the price increase take effect?
• Why is Homey raising prices now?
• What hardware cost increases are cited?
• How do supplier price hikes from Raspberry Pi factor in?
• What recent expansions has Homey announced alongside the price news?

What specific price changes are coming to Homey devices?

Homey is increasing the retail price for both the Homey Pro and the Homey Pro Mini. The higher costs will apply to all new purchases made after the effective date. While the exact new prices have not been disclosed in detail, the company confirms that the increases are significant enough to warrant early notice to customers. The price change does not affect existing orders or owners of current units — only new purchases from retailers and the Homey online store will see the adjusted pricing.

When will the price increase take effect?

The price hike is scheduled to go into effect on June 1, 2026. Homey has announced the change several weeks in advance to give potential buyers a window to purchase at the current lower price. Anyone considering buying a Homey Pro or Homey Pro Mini before that date can lock in the existing pricing. After June 1, all new stock will carry the increased price across all sales channels.

Why is Homey raising prices now?

Homey cites rising hardware component costs as the primary reason for the price increase. According to the company, the cost of memory (RAM) and storage components has gone up significantly over recent months. These components are essential for the hubs to run complex automations and third-party integrations. In addition, the company points to general inflation and increased manufacturing expenses. Homey states that it has absorbed these costs for as long as possible, but the sustained increases now require a price adjustment to maintain product quality and development.

What hardware cost increases are cited?

Homey specifically calls out rising RAM and storage prices as the main hardware cost drivers. The Homey Pro and Homey Pro Mini use relatively high-performance chips with embedded memory and flash storage to handle local processing and voice commands. Global semiconductor supply chain challenges have driven up the price of these components. Additionally, the company notes that supplier price hikes from Raspberry Pi — a key component supplier — are contributing to the overall cost increase. These combined factors make it impossible for Homey to maintain the previous price point without sacrificing margins or features.

How do supplier price hikes from Raspberry Pi factor in?

The Raspberry Pi Compute Module (CM4) is a central processing platform used in some Homey hubs, particularly the Homey Pro. Raspberry Pi has itself increased prices for its modules due to higher component costs and demand. Homey passes along a portion of this supplier price increase to consumers. The reliance on the Raspberry Pi ecosystem makes Homey vulnerable to fluctuations in the cost of those boards. By announcing the price hike, Homey is being transparent about how upstream price changes affect the final product cost. This is not unique to Homey — many smart home devices built on Raspberry Pi hardware have seen similar adjustments.

What recent expansions has Homey announced alongside the price news?

Shortly before the price hike announcement, Homey expanded its software platform to Android TV, LG webOS, and even Tesla web browsers with new big-screen apps. These additions allow users to control their smart home directly from televisions and car displays. The timing of the expansions juxtaposes the price increase — while software innovation continues, hardware costs are forcing a price adjustment. The new apps do not affect pricing directly but show that Homey is investing in new user experiences even as it manages rising manufacturing expenses.