7.1 Carat Oval Lab Grown Diamond Prices Comparison

As of February 2026, 7.1 carat oval lab grown diamonds usually range from $1,556 to $20,960, with an average price of $3,240.In the last month, prices for these diamonds are down 4.6%.Compare 481 verified listings across 11 retailers tracked by CaratRadar.

Market Insights
Last updated: 2026-02-28

7.1 Carat Oval Lab Grown Diamond Market Overview

CaratRadar currently tracks 481 verified 7.1-carat oval lab grown diamonds listed across 11 online retailers. Prices in this segment range from $1,556 to $20,960, with an average asking price of $3,240 and a median of $2,594.

The price spread of $19,404 (92.6% 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.

  • 481 diamonds tracked in this segment

  • Price range: $1,556 to $20,960

  • Average price: $3,240

  • Median price: $2,594

  • Available across 11 retailers

  • Savings potential: up to 92.6%

Price Range Overview

As of Feb 28, 2026
Spread $19,404

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

$1,556$20,960
Tracked

481

Lowest

$1,556

Average

$3,240

Median

$2,594

Highest

$20,960

Price History

Price Comparison Matrix

Live Listings

See all listings

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

7.05ct | Oval | E | VS1 | IdealGIA
Save 54%

7.05ct | Oval | E | VS1 | Ideal

From $19,250

Compare at $41,860

2 stores
7.05ct | Oval | G | VS2 | IdealIGI
Save 45.4%

7.05ct | Oval | G | VS2 | Ideal

From $5,774

Compare at $10,580

2 stores
7.05ct | Oval | F | VS1 | IdealIGI
Save 34.7%

7.05ct | Oval | F | VS1 | Ideal

From $2,079

Compare at $3,186

2 stores
7.05ct | Oval | E | VS1 | ExcellentIGI
Save 82.5%

7.05ct | Oval | E | VS1 | Excellent

From $2,192

Compare at $12,500

3 stores
7.05ct | Oval | E | VS1 | IdealIGI
Save 91.1%

7.05ct | Oval | E | VS1 | Ideal

From $2,084

Compare at $23,370

6 stores
7.05ct | Oval | F | VS1 | IdealIGI
Save 77.2%

7.05ct | Oval | F | VS1 | Ideal

From $2,166

Compare at $9,510

6 stores
7.05ct | Oval | F | VVS2 | IdealIGI
Save 85.8%

7.05ct | Oval | F | VVS2 | Ideal

From $2,207

Compare at $15,580

5 stores
7.05ct | Oval | E | VS1 | ExcellentIGI
Save 88.6%

7.05ct | Oval | E | VS1 | Excellent

From $1,938

Compare at $17,070

6 stores
7.05ct | Oval | E | VS1 | IdealIGI
Save 71.5%

7.05ct | Oval | E | VS1 | Ideal

From $2,657

Compare at $9,310

4 stores
7.05ct | Oval | F | VS1 | ExcellentGIA
Save 57.3%

7.05ct | Oval | F | VS1 | Excellent

From $6,812

Compare at $15,970

4 stores
7.05ct | Oval | G | VS1 | IdealIGI
Save 82.9%

7.05ct | Oval | G | VS1 | Ideal

From $4,774

Compare at $27,840

7 stores
7.05ct | Oval | G | VS1 | IdealIGI
Save 86.3%

7.05ct | Oval | G | VS1 | Ideal

From $2,107

Compare at $15,350

5 stores
7.05ct | Oval | G | VS1 | IdealIGI
Save 81.1%

7.05ct | Oval | G | VS1 | Ideal

From $1,922

Compare at $10,190

5 stores
7.05ct | Oval | G | SI1 | IdealIGI
Save 51.8%

7.05ct | Oval | G | SI1 | Ideal

From $3,491

Compare at $7,240

2 stores
7.05ct | Oval | G | VS1 | ExcellentIGI
Save 39.6%

7.05ct | Oval | G | VS1 | Excellent

From $7,790

Compare at $12,890

2 stores
7.05ct | Oval | F | VVS2 | IdealIGI
Save 81%

7.05ct | Oval | F | VVS2 | Ideal

From $1,774

Compare at $9,330

5 stores
7.05ct | Oval | D | VVS2 | IdealIGI
Save 61.6%

7.05ct | Oval | D | VVS2 | Ideal

From $5,832

Compare at $15,170

7 stores
7.05ct | Oval | F | VVS2 | IdealIGI
Save 73.7%

7.05ct | Oval | F | VVS2 | Ideal

From $2,785

Compare at $10,590

2 stores
7.05ct | Oval | E | VS1 | ExcellentIGI
Save 82%

7.05ct | Oval | E | VS1 | Excellent

From $1,937

Compare at $10,780

7 stores
7.05ct | Oval | E | VS2 | Very GoodIGI
Save 80.3%

7.05ct | Oval | E | VS2 | Very Good

From $2,700

Compare at $13,700

3 stores
7.05ct | Oval | E | VS1 | Very GoodIGI
Save 47.4%

7.05ct | Oval | E | VS1 | Very Good

From $2,413

Compare at $4,586

3 stores
7.05ct | Oval | E | VVS2 | IdealIGI
Save 77.3%

7.05ct | Oval | E | VVS2 | Ideal

From $4,163

Compare at $18,310

2 stores
7.05ct | Oval | F | VVS2 | Very GoodIGI
Save 57.7%

7.05ct | Oval | F | VVS2 | Very Good

From $2,250

Compare at $5,318

4 stores
7.05ct | Oval | G | VVS2 | ExcellentIGI
Save 83.9%

7.05ct | Oval | G | VVS2 | Excellent

From $2,067

Compare at $12,850

3 stores
7.05ct | Oval | E | VVS2 | ExcellentIGI
Save 47.3%

7.05ct | Oval | E | VVS2 | Excellent

From $2,699

Compare at $5,122

3 stores
7.05ct | Oval | E | VVS2 | ExcellentIGI
Save 55.1%

7.05ct | Oval | E | VVS2 | Excellent

From $2,470

Compare at $5,499

2 stores
7.05ct | Oval | E | VVS2 | Very GoodIGI
Save 89.6%

7.05ct | Oval | E | VVS2 | Very Good

From $2,442

Compare at $23,500

3 stores
7.05ct | Oval | E | VVS2 | ExcellentIGI
Save 47.3%

7.05ct | Oval | E | VVS2 | Excellent

From $2,719

Compare at $5,161

3 stores
7.05ct | Oval | D | VVS2 | Very GoodIGI
Save 58.7%

7.05ct | Oval | D | VVS2 | Very Good

From $5,946

Compare at $14,390

5 stores
7.05ct | Oval | F | VVS2 | Very GoodIGI
Save 76.6%

7.05ct | Oval | F | VVS2 | Very Good

From $3,854

Compare at $16,490

3 stores
7.05ct | Oval | E | VVS2 | ExcellentIGI
Save 83.9%

7.05ct | Oval | E | VVS2 | Excellent

From $2,452

Compare at $15,250

5 stores
7.05ct | Oval | E | VS1 | ExcellentIGI
Save 84.2%

7.05ct | Oval | E | VS1 | Excellent

From $2,842

Compare at $17,970

4 stores
7.05ct | Oval | F | VS1 | ExcellentIGI
Save 53.5%

7.05ct | Oval | F | VS1 | Excellent

From $2,145

Compare at $4,617

2 stores
7.05ct | Oval | F | VVS2 | Very GoodIGI
Save 76.6%

7.05ct | Oval | F | VVS2 | Very Good

From $3,854

Compare at $16,490

3 stores
7.05ct | Oval | E | VVS2 | ExcellentIGI
Save 47.4%

7.05ct | Oval | E | VVS2 | Excellent

From $2,510

Compare at $4,768

3 stores
7.05ct | Oval | E | VVS2 | Very GoodIGI
Save 56%

7.05ct | Oval | E | VVS2 | Very Good

From $2,471

Compare at $5,621

4 stores
7.05ct | Oval | F | VS1 | Very GoodIGI
Save 45.9%

7.05ct | Oval | F | VS1 | Very Good

From $3,168

Compare at $5,852

2 stores
7.05ct | Oval | E | VVS2 | IdealIGI
Save 80.3%

7.05ct | Oval | E | VVS2 | Ideal

From $3,605

Compare at $18,310

3 stores
7.05ct | Oval | F | VS1 | Very GoodIGI
Save 74%

7.05ct | Oval | F | VS1 | Very Good

From $2,318

Compare at $8,930

5 stores
7.05ct | Oval | E | VS2 | ExcellentIGI
Save 76.2%

7.05ct | Oval | E | VS2 | Excellent

From $2,246

Compare at $9,440

6 stores
7.05ct | Oval | F | VVS1 | Very GoodIGI
Save 54%

7.05ct | Oval | F | VVS1 | Very Good

From $2,900

Compare at $6,299

4 stores
7.05ct | Oval | F | VVS2 | Very GoodIGI
Save 57.7%

7.05ct | Oval | F | VVS2 | Very Good

From $2,250

Compare at $5,318

4 stores
7.05ct | Oval | E | VVS2 | Very GoodIGI
Save 53.6%

7.05ct | Oval | E | VVS2 | Very Good

From $2,665

Compare at $5,750

3 stores
7.05ct | Oval | E | VVS2 | Very GoodIGI

7.05ct | Oval | E | VVS2 | Very Good

From $2,684

Compare at $2,759

2 stores
7.05ct | Oval | E | VVS2 | Very GoodIGI
Save 84.4%

7.05ct | Oval | E | VVS2 | Very Good

From $2,488

Compare at $15,970

5 stores
7.05ct | Oval | E | VS1 | Very GoodIGI
Save 71.5%

7.05ct | Oval | E | VS1 | Very Good

From $2,655

Compare at $9,300

4 stores
7.05ct | Oval | F | VVS2 | Very GoodIGI
Save 47.4%

7.05ct | Oval | F | VVS2 | Very Good

From $2,441

Compare at $4,640

3 stores
7.05ct | Oval | F | VVS2 | Very GoodIGI
Save 47.4%

7.05ct | Oval | F | VVS2 | Very Good

From $2,441

Compare at $4,640

3 stores
7.05ct | Oval | E | VVS2 | IdealIGI
Save 71.4%

7.05ct | Oval | E | VVS2 | Ideal

From $2,884

Compare at $10,070

4 stores
IGI
Save 86.3%

7.05ct | Oval | E | VVS2 | Ideal

From $2,510

Compare at $18,360

2 stores

Entry pricing in this category starts around $1,556.

What to Know When Shopping for 7.1 Carat Oval Lab Grown Diamonds

  1. Always compare identical certified diamonds across retailers. Identical certificate numbers can have price differences of $19,404 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 $2,594 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. Lab-grown diamonds offer excellent value. Ensure the stone comes with a GIA or IGI certificate confirming it is laboratory-grown.
  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.
  7. Oval diamonds can appear larger than rounds of the same carat weight due to their elongated face-up area. Watch for the bow-tie effect in lower-quality cuts.

Frequently Asked Questions

We currently track 481 comparable stones in this segment. Prices start around $1,556 and go up to $20,960.

Based on the latest market data, the average asking price is about $3,240 with a median around $2,594.

The observed spread is roughly $19,404 across tracked listings, which is about 92.6% from highest to lowest offer in this bucket.

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

Based on our data, the median price is $2,594, which represents the midpoint of the market. Anything below this figure from a reputable retailer is a solid deal.

We currently track this stone category across 11 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 $19,404 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 Lab Grown inventory for 7.1 carat Oval diamonds.