Huntley, who broke a collarbone on Nov. 3, was a full participant in Friday's practice and could be available for Utah's matchup against Northwestern in the Holiday Bowl on New Year's Eve.
"We'll just work him in and see how much he can progress," Utes coach Kyke Whittingham told the Salt Lake Tribune of the possibility of returning for the bowl game.
Huntley was able to throw during Friday's non-contact practice but he still must receive medical clearance to return to the lineup.
"It's still questionable, so I'm not getting my hopes too high," said Huntley. "If they clear me, it's a go. If they don't clear me, then I'll understand we've got a whole other year next year. So I'm just prepared for it all."
Utah rebounded from a loss at Arizona State with three straight victories behind backup quarterback Jason Shelley, including Pac-12 wins over Oregon and Colorado, before falling to Washington 10-3 in the conference championship game.
"It's been tough, just to watch my team out there," said Huntley. "I want to play, but my team did a great job of getting to the (Pac-12 South) championship."
Huntley completed 150 of 234 passes for 1,788 yards with 12 touchdowns and six interceptions this season for the Utes. He completed 7 of 15 passes for 88 yards with one touchdown and two interceptions against Arizona State.
Utes wide receiver Jaylen Dixon on Friday said that Huntley "seems back in his groove, just getting back to where he used to be. He's been ready to get back since the day he got hurt."