The reality show returns in January for a second run following huge ratings success for the broadcaster with the first series, which featured Kerry Katona, Jedward and Big Fat Gypsy Wedding star Paddy Doherty.
Speaking to Digital Spy about who he would like to see enter the house next year, host Dowling revealed that Price would be near the top of his wishlist.
"She'd be an amazing celebrity housemate. Oh good God yes. Katie Price will always deliver," he said.
"She'll always be memorable and an amazing housemate. She is a fan of the show, so I'll have to have a word with Channel 5. Let's get Katie Price in Big Brother."
Price visited the house during the current non-celebrity run, walking along a red carpet that was part of a Paranormal Activity 3 red carpet event.
"I think we should have locked Katie Price in the house at that point," Dowling joked.
Dowling also spoke about his highlights from his first year as presenter, picking out Jedward and Alex Rose as his favourite housemates.
"My personal highlight was probably just Jedward. Their antics. They were a reality TV producer's dream. They do everything themselves, you don't need to ask them. They just make up characters and muck around anyway," he said.
Celebrity Big Brother returns in January. Big Brother: The Final airs tonight on Channel 5.
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