This article uses a nationally representative dataset to investigate the extent to which academic-related parenting practices and the home environment during middle childhood (ages 11-13) predict achievement in late adolescence (N = 486; age range: 16-18 years). Results from path analyses indicated that parental endorsement of punitive strategies (e.g., lecture, punish, restrict activities) in response to academic underperformance during middle school predict lower literacy and math achievement 5 years later. In contrast, more cognitively stimulating homes predict higher literacy and math achievement 5 years later. Parenting practices and the home environment indicators, however, did not predict changes in achievement. Socioeconomic and race and ethnicity differences in parenting were also found.