0.4 Carat Natural Diamond Prices Comparison

As of May 2026, the average price of a 0.4 carat natural diamond is $729.0.4 carat diamonds can cost anywhere from $141 to $17,838 depending on shape, color, clarity, and other factors.In the last month, prices for these diamonds are down 1.2%.Compare 18,500 verified listings across 8 retailers in the tables below.

Market Insights
Last updated: 2026-05-29

0.4 Carat Natural Diamond Market Overview

CaratRadar currently tracks 18,500 verified 0.4-carat natural diamonds listed across 8 online retailers. Prices in this segment range from $141 to $17,838, with an average asking price of $729 and a median of $693.

The price spread of $17,696 (99.2% from highest to lowest) highlights why comparing identical certified diamonds across multiple retailers matters. Two identical certified diamonds can differ by hundreds or even thousands of dollars depending on the retailer.

These figures are based on our latest daily market data, matched by certification lab and certificate number across retailers, so you are comparing the exact same diamond.

  • 18,500 diamonds tracked in this segment

  • Price range: $141 to $17,838

  • Average price: $729

  • Median price: $693

  • Available across 8 retailers

  • Savings potential: up to 99.2%

Price Range Overview

As of May 29, 2026
Spread $17,697

Real market range for this carat, shape, and diamond type.

$141$17,838
Tracked

18,500

Lowest

$141

Average

$729

Median

$693

Highest

$17,838

Price History

Price Comparison Matrix

0.4 Carat Natural Diamond Prices by Shape

Shape-level averages for this carat and type. Open each shape page for full market detail.

ShapeAverage PriceListingsPage
Round$58818,581View
Oval$6142,828View
Pear$6152,189View
Emerald$5591,895View
Marquise$6911,494View
Princess$602938View
Heart$607666View
Radiant$720390View
Cushion$678349View
Asscher$79460View

Live Listings

See all listings

Compare current retailer offers for this exact segment and open any listing for full details.

GIA | 0.41ct | Round | L | SI2 | Good
Save 14.2%

GIA | 0.41ct | Round | L | SI2 | Good

From $238

Compare at $277

2 stores
IGI | 0.41ct | Round | K | SI1 | Excellent
Save 10.5%

IGI | 0.41ct | Round | K | SI1 | Excellent

From $245

Compare at $274

2 stores
GIA | 0.46ct | Emerald | K | SI1 | Excellent
Save 25.3%

GIA | 0.46ct | Emerald | K | SI1 | Excellent

From $249

Compare at $333

2 stores
GIA | 0.43ct | Round | L | SI1 | Excellent
Save 30.8%

GIA | 0.43ct | Round | L | SI1 | Excellent

From $256

Compare at $370

2 stores
IGI | 0.42ct | Round | K | SI1 | Excellent
Save 14.8%

IGI | 0.42ct | Round | K | SI1 | Excellent

From $259

Compare at $304

2 stores
IGI | 0.41ct | Round | K | SI1 | Excellent
Save 15.1%

IGI | 0.41ct | Round | K | SI1 | Excellent

From $262

Compare at $309

2 stores
GIA | 0.43ct | Round | J | SI1 | Ideal
Save 25.6%

GIA | 0.43ct | Round | J | SI1 | Ideal

From $267

Compare at $359

2 stores
GIA | 0.41ct | Oval | K | SI2 | Excellent
Save 36%

GIA | 0.41ct | Oval | K | SI2 | Excellent

From $268

Compare at $419

3 stores
GIA | 0.41ct | Round | K | SI1 | Excellent
Save 20.2%

GIA | 0.41ct | Round | K | SI1 | Excellent

From $271

Compare at $340

4 stores
GIA | 0.41ct | Oval | K | SI1 | Excellent
Save 35.4%

GIA | 0.41ct | Oval | K | SI1 | Excellent

From $274

Compare at $424

3 stores
GIA | 0.42ct | Round | L | SI2 | Excellent
Save 27.9%

GIA | 0.42ct | Round | L | SI2 | Excellent

From $277

Compare at $384

3 stores
GIA | 0.41ct | Round | J | SI2 | Very Good
Save 33.7%

GIA | 0.41ct | Round | J | SI2 | Very Good

From $278

Compare at $419

3 stores
GIA | 0.41ct | Round | J | SI2 | Very Good
Save 33.7%

GIA | 0.41ct | Round | J | SI2 | Very Good

From $278

Compare at $419

3 stores
GIA | 0.41ct | Round | J | SI2 | Very Good
Save 33%

GIA | 0.41ct | Round | J | SI2 | Very Good

From $278

Compare at $415

3 stores
GIA | 0.41ct | Round | J | SI2 | Very Good
Save 33%

GIA | 0.41ct | Round | J | SI2 | Very Good

From $278

Compare at $415

3 stores
GIA | 0.41ct | Round | J | SI2 | Very Good
Save 21.9%

GIA | 0.41ct | Round | J | SI2 | Very Good

From $280

Compare at $359

2 stores
GIA | 0.47ct | Pear | L | SI2 | Excellent
Save 52.6%

GIA | 0.47ct | Pear | L | SI2 | Excellent

From $280

Compare at $591

2 stores
GIA | 0.41ct | Heart | L | SI2 | Very Good
Save 23%

GIA | 0.41ct | Heart | L | SI2 | Very Good

From $281

Compare at $365

2 stores
GIA | 0.43ct | Round | L | SI2 | Excellent
Save 23.6%

GIA | 0.43ct | Round | L | SI2 | Excellent

From $284

Compare at $372

2 stores
IGI | 0.41ct | Round | K | SI1 | Excellent
Save 11.4%

IGI | 0.41ct | Round | K | SI1 | Excellent

From $287

Compare at $324

2 stores
IGI | 0.41ct | Round | K | SI1 | Very Good
Save 11.4%

IGI | 0.41ct | Round | K | SI1 | Very Good

From $287

Compare at $324

2 stores
GIA | 0.46ct | Emerald | K | VVS2 | Excellent
Save 26.1%

GIA | 0.46ct | Emerald | K | VVS2 | Excellent

From $289

Compare at $391

4 stores
GIA | 0.46ct | Round | L | VS2 | Very Good
Save 23.7%

GIA | 0.46ct | Round | L | VS2 | Very Good

From $290

Compare at $380

2 stores
GIA | 0.46ct | Pear | K | SI1 | Ideal

GIA | 0.46ct | Pear | K | SI1 | Ideal

From $290

Compare at $312

3 stores
GIA | 0.41ct | Round | J | SI1 | Ideal
Save 23.2%

GIA | 0.41ct | Round | J | SI1 | Ideal

From $291

Compare at $379

4 stores
GIA | 0.41ct | Emerald | I | SI2 | Ideal
Save 16.9%

GIA | 0.41ct | Emerald | I | SI2 | Ideal

From $291

Compare at $350

3 stores
IGI | 0.41ct | Round | K | VS2 | Excellent
Save 16.5%

IGI | 0.41ct | Round | K | VS2 | Excellent

From $291

Compare at $348

2 stores
GIA | 0.41ct | Round | H | SI2 | Very Good
Save 22.9%

GIA | 0.41ct | Round | H | SI2 | Very Good

From $293

Compare at $380

2 stores
GIA | 0.41ct | Emerald | J | VS2 | Excellent
Save 23.1%

GIA | 0.41ct | Emerald | J | VS2 | Excellent

From $296

Compare at $385

2 stores
GIA | 0.41ct | Emerald | I | SI2 | Excellent
Save 21.5%

GIA | 0.41ct | Emerald | I | SI2 | Excellent

From $298

Compare at $380

2 stores
GIA | 0.42ct | Pear | L | SI1 | Excellent
Save 38.2%

GIA | 0.42ct | Pear | L | SI1 | Excellent

From $298

Compare at $482

2 stores
GIA | 0.41ct | Round | J | SI1 | Ideal
Save 22.1%

GIA | 0.41ct | Round | J | SI1 | Ideal

From $298

Compare at $383

3 stores
GIA | 0.41ct | Oval | K | SI1 | Very Good
Save 11.9%

GIA | 0.41ct | Oval | K | SI1 | Very Good

From $298

Compare at $338

2 stores
GIA | 0.44ct | Round | L | VS2 | Ideal
Save 35.6%

GIA | 0.44ct | Round | L | VS2 | Ideal

From $298

Compare at $463

2 stores
GIA | 0.41ct | Round | J | SI1 | Ideal
Save 30.7%

GIA | 0.41ct | Round | J | SI1 | Ideal

From $298

Compare at $430

3 stores
GIA | 0.41ct | Round | J | SI1 | Ideal
Save 28%

GIA | 0.41ct | Round | J | SI1 | Ideal

From $298

Compare at $414

2 stores
GIA | 0.41ct | Round | K | SI1 | Very Good
Save 44.4%

GIA | 0.41ct | Round | K | SI1 | Very Good

From $300

Compare at $540

2 stores
GIA | 0.41ct | Round | K | SI2 | Excellent
Save 15.2%

GIA | 0.41ct | Round | K | SI2 | Excellent

From $301

Compare at $355

3 stores
GIA | 0.46ct | Round | L | SI2 | Ideal
Save 29.8%

GIA | 0.46ct | Round | L | SI2 | Ideal

From $301

Compare at $429

2 stores
GIA | 0.41ct | Round | K | SI2 | Excellent
Save 19.7%

GIA | 0.41ct | Round | K | SI2 | Excellent

From $301

Compare at $375

2 stores
GIA | 0.46ct | Round | L | SI2 | Ideal
Save 31%

GIA | 0.46ct | Round | L | SI2 | Ideal

From $301

Compare at $436

2 stores
IGI | 0.43ct | Round | K | SI1 | Excellent
Save 11.3%

IGI | 0.43ct | Round | K | SI1 | Excellent

From $301

Compare at $340

2 stores
GIA | 0.46ct | Pear | K | SI2 | Ideal
Save 21.5%

GIA | 0.46ct | Pear | K | SI2 | Ideal

From $302

Compare at $385

3 stores
GIA | 0.41ct | Emerald | F | SI2 | Ideal

GIA | 0.41ct | Emerald | F | SI2 | Ideal

From $302

Compare at $324

2 stores
GIA | 0.43ct | Round | J | SI1 | Ideal
Save 20.8%

GIA | 0.43ct | Round | J | SI1 | Ideal

From $303

Compare at $383

2 stores
GIA | 0.41ct | Round | H | SI2 | Very Good

GIA | 0.41ct | Round | H | SI2 | Very Good

From $303

Compare at $326

2 stores
GIA | 0.41ct | Round | K | VVS2 | Ideal
Save 20.1%

GIA | 0.41ct | Round | K | VVS2 | Ideal

From $304

Compare at $381

3 stores
GIA | 0.41ct | Pear | J | SI2 | Excellent
Save 32.7%

GIA | 0.41ct | Pear | J | SI2 | Excellent

From $304

Compare at $452

3 stores
GIA | 0.41ct | Emerald | F | SI2 | Good
Save 22.2%

GIA | 0.41ct | Emerald | F | SI2 | Good

From $305

Compare at $392

2 stores
GIA | 0.41ct | Round | J | SI2 | Ideal
Save 20%

GIA | 0.41ct | Round | J | SI2 | Ideal

From $305

Compare at $381

2 stores

Entry pricing in this category starts around $141.

What to Know When Shopping for 0.4 Carat Natural Diamonds

  1. Always compare identical certified diamonds across retailers. Identical certificate numbers can have price differences of $17,696 or more.
  2. Focus on the 4Cs that matter most to you. Color and clarity grades drive price more than cut in many segments, but cut affects sparkle the most.
  3. The median price of $693 is a useful benchmark. If you see a deal significantly below this, verify the retailer's reputation and return policy.
  4. Consider eye-clean alternatives. Moving one clarity grade down (e.g., VS2 to SI1) can save 10-15% with no visible difference to the naked eye.
  5. Compare natural vs. lab-grown options for the same carat and shape. Lab-grown diamonds are chemically identical but often 30-50% less expensive.
  6. Check shipping, insurance, and return policies. The lowest sticker price is not always the best deal once you factor in total cost of purchase.

Frequently Asked Questions

We currently track 18,500 comparable stones in this segment. Prices start around $141 and go up to $17,838.

Based on the latest market data, the average asking price is about $729 with a median around $693.

The observed spread is roughly $17,696 across tracked listings, which is about 99.2% from highest to lowest offer in this bucket.

We refresh pricing data daily so these pages stay current with market changes.

Based on completed market data, the fair market benchmark is $729. The median price is $693, so offers between the median and fair benchmark can be reasonable, while reputable listings below the median may be especially competitive.

We currently track this stone category across 8 online retailers, giving you a broad view of the competitive landscape.

For most buyers, color differences below G are hard to detect once set in a ring. Clarity grades of VS2 and above are typically eye-clean. Prioritize cut quality for maximum brilliance, then balance color and clarity based on your budget.

Retailer pricing strategies, overhead costs, and margin targets all contribute. The exact certified diamond can differ by $17,696 across sellers, which is why direct certified-diamond comparison is essential.

We match diamonds across retailers by their certification lab and certificate number. This means the prices you see are for the exact same physical diamond, not just stones with similar specs. It is a true apples-to-apples comparison.

Diamond prices fluctuate based on supply and demand. Our data refreshes regularly so you can track trends over time. Use the price range on this page as a benchmark and compare it to historical averages when available.

Diamond Terminology

Carat
A unit of weight for diamonds equal to 200 milligrams. Larger carat weights are exponentially rarer, which is why prices increase non-linearly with size.
Cut
Refers to how well a diamond's facets interact with light. Cut quality ranges from Ideal to Poor and is the single biggest factor affecting a diamond's brilliance.
Color
Grades a diamond's lack of color on a scale from D (colorless) to Z (light yellow). Grades D-F are considered colorless; G-J are near-colorless and offer good value.
Clarity
Measures the presence of internal inclusions or surface blemishes. Grades range from Flawless (FL) to Included (I3). Most inclusions in VS2 and above are invisible to the naked eye.

Related Price Categories

Explore adjacent carat ranges and shapes to compare market shifts.

Tracking Natural inventory for 0.4 carat all-shape diamonds.