The Swans were among a host of clubs trailing England U21 international Ince over the summer, but were left 'staggered' by an asking price believed to be in the region of £8million.
That valuation is likely to have dropped slightly, with Ince set to be out of contract at the end of the season.
Blackpool may be tempted to cash-in during the January transfer window, rather than risk losing their star turn for nothing.
Swansea chairman Huw Jenkins says he will be exploring 'all the options', despite seeing South Wales rivals Cardiff City snubbed by Ince in July.
He told the Daily Mail: "He is a very good young player and one we looked at in the summer.
"I would say it is likely that we will be talking to Blackpool again. I know their chairman, Karl Oyston, and when the time is right we will make contact and see what can be done."
A move for Ince suggests that Swansea are in the market for creativity, but Jenkins claims they are not one of those looking at taking Zaha on loan from Manchester United - with the highly-rated winger having struggled to gain recognition at Old Trafford.
He added: "Nothing is happening there."
Jenkins is, however, prepared to admit that Michael Laudrup will be looking to make at least one more addition on top of his search for a new wide man.
He said: "It would be most likely to act as cover for defence or midfield."