The Express reported this week Crystal Palace are considering a £10 million offer for the striker, although no offers have so far been submitted.
SkySports reported in the summer that Wolves rejected a £10 million bid from Premier League side Norwich City.
At that point Afobe had only been at the club for six months, but impressed by netting 13 goals in 21 appearances.
This time around there has been a slight regressions, with Afobe scoring nine in 25 games, with Wolves as a whole lacking the form they showed at the end of last season.
Goodman, who played more than 100 games for Wolves, believes the club should be open to the idea of selling, if the deal is right.
He told SkySports: "He has suffered badly with the events of last summer's transfer window when he saw a terrific opportunity to go and play in the Premier League disappear.
"Psychologically he didn't handle it as well as he would have hoped and he was clearly affected by it. But you still look at his goals return of last season and, even though he hasn't hit the heights this season, he is a player who will score you goals and there are lots of clubs, particularly in the middle to bottom half of the Premier League, who need goals.
"The speculation in the summer did affect him and if Wolves can get a seriously good fee they could use it wisely to mount a promotion push in the second half of the campaign."
After a poor start to the season, Kenny Jackett's side have rallied, winning their last three games, and are in 11th place, but just seven points back from the play-offs, certainly not insurmountable at this stage.
Wolves would surely need Afobe if they are to get there, unless they act just as smartly as they did a year ago by signing him.