Speaking on TV3's The Nation this morning, Mr Little said he is waiting until after final election results are released today before he starts to make a decision.
"I'm just waiting to see whether I am going to still be in parliament, I won't know until 2pm today," he said.
"It is not something I have given thought to at this point, but if I am confirmed today I will have an opportunity to think about it, and if I'm not I'll find other ways to support the cause."
The final results of the September 20 election will be released today at 2pm.
Mr Little said he believed in what Labour stood for and now the party needed to work on spreading that message to New Zealanders.
"What the party stands for is very important... In terms for a whole bunch of people who are looking for a fairer deal, and a better deal because they are not getting it at the moment," Mr Little told the programme.
If he runs he would join confirmed candidates former leader David Cunliffe and MP Grant Robertson.
Meanwhile, the new leader of the Act party and Epsom MP David Seymour said he wanted to give New Zealanders a party they could confidently vote for in 2017.
This is despite the fact the Act party received just 0.7 per cent of the vote in this year's election.
"I think we can review the last result, I think what's actually happened is we have begun a revival of the party, at the beginning of the year we were on 0.0 per cent," he told the programme.
Jamie Whyte resigned as the leader of the Act Party yesterday, after he failed to secure a seat in last month's election.
"We have had quite a lot of rejuvenation this year, not enough in time to get Jamie into parliament, nonetheless we have had positive momentum," Mr Seymour said.
He said politicians were "people too" and Mr Whyte had spent months tirelessly campaigning for the election.
"Can he sustain that for a further three years in parliament, he decided he couldn't," he told the programme.