The 59-year-old "Thelma and Louise" star said she heard about the film's sequel but was not approached for it yet, reported Entertainment Weekly.
"I did hear that it's really happening. No one's talked to me about it. I would love to! That was one of my favorite movies, too."
While she is keen to return, Davis did note one point that could prevent her and her on-screen husband, Alec Baldwin, from returning as Barbara and Adam Maitland.
Winona Ryder confirmed last month that a sequel is happening, and Burton and Beetlejuice himself, actor Michael Keaton, have also said plans for the project are in motion.