We analyzed the association between the analog and the digital home learning environment in toddlers’ and preschoolers’ homes, and whether both aspects are associated with children’s social and academic competencies. Here, we used data of the national representative sample of Growing up in Germany II, which includes 4,914 children aged 0–5 years. The HLE was assessed via parental survey that included items on the analog HLE and items on the digital HLE. Children’s socio-emotional, practical life skills, and academic competencies were (...) assessed via standardized parental ratings. Our results indicate that there are two dimensions of the HLE, an analog and a digital, that are slightly positively associated, especially in the toddler age group. For toddlers, only analog HLE activities were associated with better socio-emotional outcomes and practical life skills. However, interaction effects indicate that toddlers with less frequent analog HLE activities showed better socio-emotional skills in households with more frequent digital activities. For preschoolers, digital HLE activities were associated with weaker socio-emotional skills but higher academic skills, although the analog HLE shows higher effect sizes for the academic outcomes. Our study points out that analog and digital HLE activities seem to be partly associated, but not interchangeable. Further, they seem to be important variables that can explain individual differences in young children’s socio-emotional, practical life, and academic competencies. However, digital media usage at home may also have negative effects on children’s social–emotional competencies. This association needs to be investigated further. (shrink)