There are 5 places in the US where you need to make over $110,000 to afford a home

Several of the priciest housing markets in the country are in the American West.
In the third quarter of 2017, the median cost of a single-family home in the region rose to $373,700, up 7% from the previous year and a greater increase than any other region, according to the National Association of Realtors (NAR).
By contrast, the current US median home price is $247,000.
As supply lags behind demand, and prices and mortgage rates continue to rise, homebuyers entering the market may find it increasingly unaffordable to buy a home.
Looking at NAR's data on housing affordability, there are five US metro areas where the minimum salary required to qualify for a mortgage, with 20% down, is above $110,000. NAR assumes a mortgage rate of 3.9% for all areas, with the monthly principle and interest payment limited to 25% of income.
While the salary needed to buy in these areas is exceptional, purchasing a home in a number of markets across the country remains affordable, with required salaries at or below the median household income of $71,775 . The average qualifying income for the US as a whole is $46,435 .
Below, check out how much you need to earn to buy a home, and what the median home will cost you, in the most expensive markets.
The following markets are based on metropolitan statistical areas, with the exception of Anaheim-Santa Ana-Irvine, which is a metropolitan division.

5. San Diego-Carlsbad, California

  5. San Diego-Carlsbad, California
(Sean Pavone/Shutterstock)

Population: 3,299,521
Median sale price: $607,000
Salary needed to buy: $110,969

4. Urban Honolulu, Hawaii

  4. Urban Honolulu, Hawaii
(Edmund Garman/Flickr)

Population: 998,714
Median sale price: $760,200
Salary needed to buy: $138,977

3. Anaheim-Santa Ana-Irvine, California

  3. Anaheim-Santa Ana-Irvine, California
(LagunaticPhoto/Shutterstock)

Population: 3,169,776
Median sale price: $790,000
Salary needed to buy: $144,425

2. San Francisco-Oakland-Hayward, California

  2. San Francisco-Oakland-Hayward, California
(Benny Marty/Shutterstock)

Population: 4,656,132
Median sale price: $900,000
Salary needed to buy: $164,534

1. San Jose-Sunnyvale-Santa Clara, California

  1. San Jose-Sunnyvale-Santa Clara, California
(Wikimedia Commons)

Population: 1,976,836
Median sale price: $1,165,000
Salary needed to buy: $212,981