In Los Angeles, where the median home price is $1.15 million, only 13.2 percent of households can afford to buy. The median household income needed to buy a moderately priced home is $245,000.High mortgage rates and home prices have made homeownership impossible for many coastal families, especially in California and the Northeast, where only a handful of families can afford to buy a moderately priced home,” said Ralph McLaughlin, senior economist at Realtor.com. ”

An overview of housing affordability in the top five cities:

1.Los Angeles, California

Median Home Listing Price: $1,150,000

Percentage of households that can afford a moderately priced home: 13.2 percent

Median Household Income Needed to Buy a Moderate-Priced Home: $244,692

This three-bedroom, two-bathroom home in Los Angeles, California, is listed for $1.1 million. (Realtor.com)

2. Oxnard, California

Median home listing price: $999,125

Percentage of households that can afford a moderately priced home: 19.3 percent

Median household income needed to buy a moderately priced home: $213,722

Just one block from the beach, this townhouse in Oxnard, California, has four bedrooms and 3.5 bathrooms and is priced at $999,999. (Realtor.com)

3. San Diego, California

Median home listing price: $979,200

Percentage of households that can afford a moderately priced home: 20.3 percent

Median household income needed to buy a moderately priced home: $208,436

Built in 1963, this three-bedroom, two-bathroom home in San Diego, California, has a list price of $995,000. (Realtor.com)

4. San Jose, California

Median home listing price: $1,394,000

Percentage of households that can afford a moderately priced home: 26.5 percent

Median Household Income Required to Buy a Moderate-Priced Home: $292,096

This 1,858-square-foot home in San Jose, California, features four bedrooms and two bathrooms. The asking price is $1,398,000. (Realtor.com)

5. New York City

Median home listing price: $762,375

Percentage of households that can afford a moderately priced home: 28.6 percent

Median household income needed to buy a moderately priced home: $184,488

This one-bedroom, one-bath apartment in Brooklyn Heights, New York City, is listed at $765,000. (Realtor.com)