"Eh, not at this point," he told ET's Katie Krause when asked if he's considering coming back for season 25. "I mean, never say never, but it's a little early to tell."
In addition to tying the knot last November, Ballas and Jean recently wrapped up a tour for their band, Alexander Jean, and wrote a new EP, High Enough, which is out now. He was also busy with another big gig, playing his "dream role" of Frankie Valli in Broadway's Jersey Boys.
"[BC and I] have been so crazy with the EP, the touring, Jersey Boys," he continued. "That was like a full time commitment, you know? Especially with vocal discipline."
"I had no life," he added. "Six shows a week, 27 songs a night, that was like my focus, and then our music as well. So, we're kind of just here at the moment. We'll see."
Ballas last appeared on the show in 2016 when he was partnered with UFC star Paige VanZant. He's competed on 18 seasons and has won the coveted mirror ball trophy twice.
So, what would it take for Ballas to make his way back to the ballroom? He jokes it could happen if he's paired with his wife!
"She'd do really well!" Ballas gushed. "When we were putting our wedding dance together, I gave her a little lesson. She wanted to do a tango, that's her favorite style, so we learned this little Argentine tango. There's actually a picture from our wedding, she did this move where she like squatted down and reached her hand though my legs."
"She's like, 'Mine!'" he added. "And if you look in the back, all our friends' faces are all like [shocked]."
Jean chimed in, telling ET she'd "have to win" in order to make an appearance on the show.
"I mean, if I'm going on there, I'm winning," she said.
Due to Jersey Boys, Ballas was unable to compete on season 24 of DWTS. While he has no plans to return to Broadway at the moment, he said he'd "absolutely" be open to it if "the right show and opportunity" presents itself.
"Absolutely. I mean, I grew up loving theater," he exclaimed. "There are some other shows that I would love to be in, like Jesus Christ Superstar. I've always wanted to play Judas on a bigger stage. I did a small production of it in London."
"And then I went and saw Hamilton recently," he said. "I think to play [Alexander] Hamilton or [Aaron] Burr, either one of those characters I think would be a good fit for me. There are a couple of theater shows I would love to be a part of, yeah."
"I grew up doing a little bit of that stuff and I would love it," she revealed. "I love Chicago. I could see that happening."
"She would be a killer Roxy," added Ballas. "I've seen it so many times and I've never seen a Roxy with like a rock voice, like that raspy kinda -- she has that rock, kinda like silky voice, and I think that just the personality of the character would be a great fit. That'd be cool."
Hear more from our chat, including an exclusive sneak peek at Ballas and Jean's new untitled behind-the-scenes music documentary, in the video below.