diff --git a/src/main/kotlin/com/kioschool/kioschoolapi/domain/product/controller/AdminProductController.kt b/src/main/kotlin/com/kioschool/kioschoolapi/domain/product/controller/AdminProductController.kt
index 0caed7cc..33c435c8 100644
--- a/src/main/kotlin/com/kioschool/kioschoolapi/domain/product/controller/AdminProductController.kt
+++ b/src/main/kotlin/com/kioschool/kioschoolapi/domain/product/controller/AdminProductController.kt
@@ -82,7 +82,11 @@ class AdminProductController(
         )
     }
 
-    @Operation(summary = "상품 판매 여부 수정", description = "상품의 판매 여부를 수정합니다.")
+    @Operation(
+        summary = "상품 판매 여부 수정",
+        description = "상품의 판매 여부를 수정합니다. deprecated: 상품 상태 수정 API로 대체됩니다.",
+        deprecated = true
+    )
     @PutMapping("/product/sellable")
     fun updateProductSellable(
         @AdminUsername username: String,
@@ -96,6 +100,20 @@ class AdminProductController(
         )
     }
 
+    @Operation(summary = "상품 상태 수정", description = "상품의 상태를 수정합니다.")
+    @PutMapping("/product/status")
+    fun updateProductStatus(
+        @AdminUsername username: String,
+        @RequestBody body: UpdateProductStatusRequestBody,
+    ): ProductDto {
+        return productFacade.updateProductStatus(
+            username,
+            body.workspaceId,
+            body.productId,
+            body.status
+        )
+    }
+
     @Operation(summary = "상품 삭제", description = "상품을 삭제합니다.")
     @DeleteMapping("/product")
     fun deleteProduct(
diff --git a/src/main/kotlin/com/kioschool/kioschoolapi/domain/product/dto/common/ProductDto.kt b/src/main/kotlin/com/kioschool/kioschoolapi/domain/product/dto/common/ProductDto.kt
index 6654c5bd..3a2b0f27 100644
--- a/src/main/kotlin/com/kioschool/kioschoolapi/domain/product/dto/common/ProductDto.kt
+++ b/src/main/kotlin/com/kioschool/kioschoolapi/domain/product/dto/common/ProductDto.kt
@@ -1,7 +1,7 @@
 package com.kioschool.kioschoolapi.domain.product.dto.common
 
-import com.kioschool.kioschoolapi.domain.product.dto.common.ProductCategoryDto
 import com.kioschool.kioschoolapi.domain.product.entity.Product
+import com.kioschool.kioschoolapi.global.common.enums.ProductStatus
 import java.time.LocalDateTime
 
 data class ProductDto(
@@ -11,6 +11,7 @@ data class ProductDto(
     val price: Int,
     val imageUrl: String?,
     val isSellable: Boolean?,
+    val status: ProductStatus?,
     val productCategory: ProductCategoryDto?,
     val createdAt: LocalDateTime?,
     val updatedAt: LocalDateTime?
@@ -24,6 +25,7 @@ data class ProductDto(
                 price = product.price,
                 imageUrl = product.imageUrl,
                 isSellable = product.isSellable,
+                status = product.status,
                 productCategory = product.productCategory?.let { ProductCategoryDto.of(it) },
                 createdAt = product.createdAt,
                 updatedAt = product.updatedAt
diff --git a/src/main/kotlin/com/kioschool/kioschoolapi/domain/product/dto/request/UpdateProductStatusRequestBody.kt b/src/main/kotlin/com/kioschool/kioschoolapi/domain/product/dto/request/UpdateProductStatusRequestBody.kt
new file mode 100644
index 00000000..2fbeb0a9
--- /dev/null
+++ b/src/main/kotlin/com/kioschool/kioschoolapi/domain/product/dto/request/UpdateProductStatusRequestBody.kt
@@ -0,0 +1,9 @@
+package com.kioschool.kioschoolapi.domain.product.dto.request
+
+import com.kioschool.kioschoolapi.global.common.enums.ProductStatus
+
+class UpdateProductStatusRequestBody(
+    val workspaceId: Long,
+    val productId: Long,
+    val status: ProductStatus
+)
\ No newline at end of file
diff --git a/src/main/kotlin/com/kioschool/kioschoolapi/domain/product/entity/Product.kt b/src/main/kotlin/com/kioschool/kioschoolapi/domain/product/entity/Product.kt
index aed45c76..a615cbce 100644
--- a/src/main/kotlin/com/kioschool/kioschoolapi/domain/product/entity/Product.kt
+++ b/src/main/kotlin/com/kioschool/kioschoolapi/domain/product/entity/Product.kt
@@ -3,6 +3,7 @@ package com.kioschool.kioschoolapi.domain.product.entity
 import com.fasterxml.jackson.annotation.JsonIgnore
 import com.kioschool.kioschoolapi.domain.workspace.entity.Workspace
 import com.kioschool.kioschoolapi.global.common.entity.BaseEntity
+import com.kioschool.kioschoolapi.global.common.enums.ProductStatus
 import jakarta.persistence.Entity
 import jakarta.persistence.ManyToOne
 import jakarta.persistence.Table
@@ -15,6 +16,7 @@ class Product(
     var price: Int,
     var imageUrl: String? = null,
     var isSellable: Boolean? = true,
+    var status: ProductStatus = ProductStatus.SELLING,
     @ManyToOne
     @JsonIgnore
     val workspace: Workspace,
diff --git a/src/main/kotlin/com/kioschool/kioschoolapi/domain/product/facade/ProductFacade.kt b/src/main/kotlin/com/kioschool/kioschoolapi/domain/product/facade/ProductFacade.kt
index 175147a1..1409e3cf 100644
--- a/src/main/kotlin/com/kioschool/kioschoolapi/domain/product/facade/ProductFacade.kt
+++ b/src/main/kotlin/com/kioschool/kioschoolapi/domain/product/facade/ProductFacade.kt
@@ -8,6 +8,7 @@ import com.kioschool.kioschoolapi.domain.workspace.exception.WorkspaceInaccessib
 import com.kioschool.kioschoolapi.domain.workspace.service.WorkspaceService
 import com.kioschool.kioschoolapi.global.aws.S3Service
 import com.kioschool.kioschoolapi.global.cache.constant.CacheNames
+import com.kioschool.kioschoolapi.global.common.enums.ProductStatus
 import org.springframework.cache.annotation.Cacheable
 import org.springframework.stereotype.Component
 import org.springframework.web.multipart.MultipartFile
@@ -167,4 +168,17 @@ class ProductFacade(
         return productService.saveProductCategories(productCategories)
             .map { ProductCategoryDto.of(it) }
     }
+
+    fun updateProductStatus(
+        username: String,
+        workspaceId: Long,
+        productId: Long,
+        status: ProductStatus
+    ): ProductDto {
+        val product = productService.getProduct(productId)
+        workspaceService.checkAccessible(username, workspaceId)
+
+        product.status = status
+        return ProductDto.of(productService.saveProduct(product))
+    }
 }
\ No newline at end of file
diff --git a/src/main/kotlin/com/kioschool/kioschoolapi/global/common/enums/ProductStatus.kt b/src/main/kotlin/com/kioschool/kioschoolapi/global/common/enums/ProductStatus.kt
new file mode 100644
index 00000000..a59dadb2
--- /dev/null
+++ b/src/main/kotlin/com/kioschool/kioschoolapi/global/common/enums/ProductStatus.kt
@@ -0,0 +1,7 @@
+package com.kioschool.kioschoolapi.global.common.enums
+
+enum class ProductStatus {
+    SELLING,
+    SOLD_OUT,
+    HIDDEN,
+}
\ No newline at end of file
diff --git a/src/main/kotlin/com/kioschool/kioschoolapi/global/schedule/script/InitProductStatus.kt b/src/main/kotlin/com/kioschool/kioschoolapi/global/schedule/script/InitProductStatus.kt
new file mode 100644
index 00000000..e54e5060
--- /dev/null
+++ b/src/main/kotlin/com/kioschool/kioschoolapi/global/schedule/script/InitProductStatus.kt
@@ -0,0 +1,25 @@
+package com.kioschool.kioschoolapi.global.schedule.script
+
+import com.kioschool.kioschoolapi.domain.product.repository.ProductRepository
+import com.kioschool.kioschoolapi.global.common.enums.ProductStatus
+import com.kioschool.kioschoolapi.global.schedule.Runnable
+import org.springframework.stereotype.Component
+
+@Component
+class InitProductStatus(
+    private val productRepository: ProductRepository
+) : Runnable {
+    override fun run() {
+        val products = productRepository.findAll()
+        products.filter {
+            it.status == null
+        }.forEach {
+            it.status = if (it.isSellable == true) {
+                ProductStatus.SELLING
+            } else {
+                ProductStatus.HIDDEN
+            }
+        }
+        productRepository.saveAll(products)
+    }
+}
\ No newline at end of file
diff --git a/src/main/resources/db/changelog/2025/11/22-01-changelog.xml b/src/main/resources/db/changelog/2025/11/22-01-changelog.xml
new file mode 100644
index 00000000..6f1f3920
--- /dev/null
+++ b/src/main/resources/db/changelog/2025/11/22-01-changelog.xml
@@ -0,0 +1,14 @@
+<?xml version="1.0" encoding="UTF-8"?>
+<databaseChangeLog
+  xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
+  objectQuotingStrategy="QUOTE_ONLY_RESERVED_WORDS"
+  xmlns="http://www.liquibase.org/xml/ns/dbchangelog"
+  xsi:schemaLocation="http://www.liquibase.org/xml/ns/dbchangelog
+                      http://www.liquibase.org/xml/ns/dbchangelog/dbchangelog-4.24.xsd">
+  <changeSet author="ji-inpark" id="1763810146816-1">
+    <addColumn tableName="product">
+      <column name="status" type="SMALLINT"/>
+    </addColumn>
+  </changeSet>
+
+</databaseChangeLog>
\ No newline at end of file
diff --git a/src/test/kotlin/com/kioschool/kioschoolapi/product/facade/ProductFacadeTest.kt b/src/test/kotlin/com/kioschool/kioschoolapi/product/facade/ProductFacadeTest.kt
index e7b4ba77..6035701f 100644
--- a/src/test/kotlin/com/kioschool/kioschoolapi/product/facade/ProductFacadeTest.kt
+++ b/src/test/kotlin/com/kioschool/kioschoolapi/product/facade/ProductFacadeTest.kt
@@ -8,6 +8,7 @@ import com.kioschool.kioschoolapi.domain.workspace.exception.WorkspaceInaccessib
 import com.kioschool.kioschoolapi.domain.workspace.service.WorkspaceService
 import com.kioschool.kioschoolapi.factory.SampleEntity
 import com.kioschool.kioschoolapi.global.aws.S3Service
+import com.kioschool.kioschoolapi.global.common.enums.ProductStatus
 import io.kotest.core.spec.style.DescribeSpec
 import io.mockk.*
 import org.junit.jupiter.api.assertThrows
@@ -680,4 +681,49 @@ class ProductFacadeTest : DescribeSpec({
             verify(exactly = 0) { productService.saveProductCategories(any()) }
         }
     }
+
+    describe("updateProductStatus") {
+        it("should update product status") {
+            val username = "username"
+            val workspaceId = 1L
+            val productId = 1L
+            val status = ProductStatus.SOLD_OUT
+            val product = SampleEntity.product
+            every { productService.getProduct(productId) } returns product
+            every { workspaceService.checkAccessible(username, workspaceId) } just Runs
+            every { productService.saveProduct(product) } returns product
+
+            val result = sut.updateProductStatus(username, workspaceId, productId, status)
+
+            assert(result.id == product.id)
+            assert(result.status == status)
+
+            verify { productService.getProduct(productId) }
+            verify { workspaceService.checkAccessible(username, workspaceId) }
+            verify { productService.saveProduct(product) }
+        }
+
+        it("should throw WorkspaceInaccessibleException") {
+            val username = "username"
+            val workspaceId = 1L
+            val productId = 1L
+            val status = ProductStatus.SOLD_OUT
+            val product = SampleEntity.product
+            every { productService.getProduct(productId) } returns product
+            every {
+                workspaceService.checkAccessible(
+                    username,
+                    workspaceId
+                )
+            } throws WorkspaceInaccessibleException()
+
+            assertThrows<WorkspaceInaccessibleException> {
+                sut.updateProductStatus(username, workspaceId, productId, status)
+            }
+
+            verify { productService.getProduct(productId) }
+            verify { workspaceService.checkAccessible(username, workspaceId) }
+            verify(exactly = 0) { productService.saveProduct(any()) }
+        }
+    }
 })
\ No newline at end of file