7.1 Carat Oval Lab Grown Diamond Prices Comparison
As of May 2026, 7.1 carat oval lab grown diamonds usually range from $1,065 to $23,246, with an average price of $4,854.In the last month, prices for these diamonds are down 9.9%.Compare 80 verified listings across 8 retailers tracked by CaratRadar.
7.1 Carat Oval Lab Grown Diamond Market Overview
CaratRadar currently tracks 80 verified 7.1-carat oval lab grown diamonds listed across 8 online retailers. Prices in this segment range from $1,065 to $23,246, with an average asking price of $4,854 and a median of $3,613.
The price spread of $22,181 (95.4% 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.
80 diamonds tracked in this segment
Price range: $1,065 to $23,246
Average price: $4,854
Median price: $3,613
Available across 8 retailers
Savings potential: up to 95.4%
Price Range Overview
As of May 31, 2026Real market range for this carat, shape, and diamond type.
80
$1,065
$4,854
$3,613
$23,246
Price History
Price Comparison Matrix
Live Listings
See all listingsCompare current retailer offers for this exact segment and open any listing for full details.
IGI | 7.1ct | Oval | F | VVS2 | Very Good
From $1,420
Compare at $4,223
Save 66.5%IGI | 7.11ct | Oval | F | VVS2 | Excellent
From $1,424
Compare at $4,253
Save 66.5%IGI | 7.11ct | Oval | F | VVS2 | Very Good
From $1,424
Compare at $4,253
IGI | 7.1ct | Oval | G | VVS2 | Ideal
From $1,428
Compare at $5,225
IGI | 7.1ct | Oval | E | VS2 | Ideal
From $1,500
Compare at $5,893
Save 74.5%IGI | 7.1ct | Oval | E | VS2 | Ideal
From $1,500
Compare at $5,893
Save 64.4%IGI | 7.1ct | Oval | F | VVS2 | Very Good
From $1,510
Compare at $4,241
Save 68.5%IGI | 7.1ct | Oval | E | VS1 | Very Good
From $1,517
Compare at $4,820
Save 71.1%IGI | 7.1ct | Oval | I | VS1 | Ideal
From $1,544
Compare at $5,340
IGI | 7.1ct | Oval | E | VVS2 | Excellent
From $1,585
Compare at $4,864
Save 68%IGI | 7.1ct | Oval | E | VVS2 | Ideal
From $1,585
Compare at $4,952
Save 68%IGI | 7.1ct | Oval | E | VVS2 | Very Good
From $1,585
Compare at $4,952
IGI | 7.1ct | Oval | E | VVS2 | Ideal
From $1,585
Compare at $4,952
Save 68.5%IGI | 7.1ct | Oval | E | VVS2 | Very Good
From $1,586
Compare at $5,036
Save 68%IGI | 7.11ct | Oval | E | VVS2 | Very Good
From $1,588
Compare at $4,959
Save 68.5%IGI | 7.11ct | Oval | E | VVS2 | Very Good
From $1,589
Compare at $5,043
Save 68.7%IGI | 7.1ct | Oval | E | VVS2 | Very Good
From $1,592
Compare at $5,079
Save 68%IGI | 7.14ct | Oval | E | VVS2 | Excellent
From $1,595
Compare at $4,980
Save 68%IGI | 7.14ct | Oval | E | VVS2 | Very Good
From $1,595
Compare at $4,980
Save 63.5%IGI | 7.1ct | Oval | F | VVS2 | Excellent
From $1,601
Compare at $4,392
Save 63.5%IGI | 7.1ct | Oval | F | VVS2 | Ideal
From $1,601
Compare at $4,392
Save 63.5%IGI | 7.1ct | Oval | F | VVS2 | Excellent
From $1,601
Compare at $4,392
IGI | 7.1ct | Oval | F | VVS2 | Ideal
From $1,601
Compare at $4,392
IGI | 7.1ct | Oval | F | VVS2 | Ideal
From $1,601
Compare at $4,392
Save 63.5%IGI | 7.1ct | Oval | F | VVS2 | Very Good
From $1,601
Compare at $4,392
Save 63.5%IGI | 7.1ct | Oval | F | VVS2 | Excellent
From $1,601
Compare at $4,392
Save 63.6%IGI | 7.11ct | Oval | F | VVS2 | Excellent
From $1,603
Compare at $4,398
Save 63.6%IGI | 7.11ct | Oval | F | VVS2 | Ideal
From $1,603
Compare at $4,398
Save 63.6%IGI | 7.11ct | Oval | F | VVS2 | Excellent
From $1,603
Compare at $4,398
IGI | 7.11ct | Oval | F | VVS2 | Ideal
From $1,603
Compare at $4,398
Save 66.7%IGI | 7.2ct | Oval | I | VS2 | Ideal
From $1,605
Compare at $4,820
Save 63.6%IGI | 7.12ct | Oval | F | VVS2 | Very Good
From $1,605
Compare at $4,405
Save 63.6%IGI | 7.12ct | Oval | F | VVS2 | Excellent
From $1,605
Compare at $4,405
Save 52.8%IGI | 7.1ct | Oval | E | VVS2 | Very Good
From $1,680
Compare at $3,558
Save 51.1%IGI | 7.14ct | Oval | I | VS2 | Ideal
From $1,695
Compare at $3,466
Save 51.4%IGI | 7.19ct | Oval | I | VS2 | Ideal
From $1,707
Compare at $3,512
Save 49.1%IGI | 7.13ct | Oval | E | VS1 | Ideal
From $1,726
Compare at $3,391

IGI | 7.18ct | Oval | G | VVS2 | Very Good
From $1,749
Compare at $1,770
Save 61.6%IGI | 7.1ct | Oval | G | VVS2 | Very Good
From $1,849
Compare at $4,812
Save 51.6%IGI | 7.1ct | Oval | G | VS2 | Very Good
From $1,882
Compare at $3,886
Save 37.2%IGI | 7.1ct | Oval | H | VS2 | Ideal
From $1,882
Compare at $2,996
Save 68.8%IGI | 7.1ct | Oval | F | VS2 | Very Good
From $1,882
Compare at $6,038
Save 57.1%IGI | 7.11ct | Oval | F | VS1 | Very Good
From $1,888
Compare at $4,398
Save 77.6%IGI | 7.1ct | Oval | F | VS1 | Very Good
From $1,977
Compare at $8,820
Save 78.6%IGI | 7.1ct | Oval | F | VVS2 | Ideal
From $1,980
Compare at $9,270
Save 40.6%IGI | 7.1ct | Oval | F | VVS2 | Very Good
From $1,980
Compare at $3,334
Save 78.6%IGI | 7.1ct | Oval | F | VVS2 | Excellent
From $1,980
Compare at $9,270
Save 56.4%IGI | 7.1ct | Oval | F | VVS2 | Very Good
From $2,171
Compare at $4,981
Save 56.4%IGI | 7.1ct | Oval | F | VVS2 | Very Good
From $2,171
Compare at $4,981
IGI | 7.1ct | Oval | F | VVS2 | Ideal
From $2,171
Compare at $4,981
Entry pricing in this category starts around $1,065.
What to Know When Shopping for 7.1 Carat Oval Lab Grown Diamonds
- Always compare identical certified diamonds across retailers. Identical certificate numbers can have price differences of $22,181 or more.
- 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.
- The median price of $3,613 is a useful benchmark. If you see a deal significantly below this, verify the retailer's reputation and return policy.
- 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.
- Lab-grown diamonds offer excellent value. Ensure the stone comes with a GIA or IGI certificate confirming it is laboratory-grown.
- Check shipping, insurance, and return policies. The lowest sticker price is not always the best deal once you factor in total cost of purchase.
- 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 80 comparable stones in this segment. Prices start around $1,065 and go up to $23,246.
Based on the latest market data, the average asking price is about $4,854 with a median around $3,613.
The observed spread is roughly $22,181 across tracked listings, which is about 95.4% 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 $4,854. The median price is $3,613, 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 $22,181 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.
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Tracking Lab Grown inventory for 7.1 carat Oval diamonds.