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To analyze the pattern in which home environment affected various aspects of psychological well-being of adolescents,153 higher secondary school students were selected  randomly from five schools of Kerala state. Data collected using psychological well-being scale and home environment inventory, on analysis, revealed significant correlations between the subscales of both measurements. As per multiple regressions, negative HE mainly affected the “interpersonal-relation” and “sociability” levels of adolescents. Disciplinary variables showed significant predictive power in “satisfaction”, “sociability”, and “interpersonal relationship” aspects of psychological well-being. Meanwhile, Positive HE variables exhibited significant predictive power in all the five aspects of psychological well-being. Demographic variables hadn’t any significant effect on psychological well-being. Counselors, parents, teachers and other caretakers will be benefitted from these revelations about the subtle environmental pathways into the psychological well-being of adolescents.