Cryoconite holes in the McMurdo Dry Valleys are ice-lidded, thus isolating the pools of water from the atmosphere and from potential surface melt. Hourly measurements of ice and water temperature and water electrical conductivity (EC) were recorded to broadly characterize the physical and chemical changes on daily to seasonal timescales. Overall, subsurface ice/water temperatures were typically several degrees warmer than air temperatures, underscoring the importance of subsurface solar heating. At no time was surface melt observed and the holes melted from within. Detailed differences in the timing and magnitude of both temperature and EC variations during melt-out and freezeup existed between holes despite short separation distances (<1 m). We attribute these differences to small-scale changes in the optical characteristics of the ice and perhaps different efficiencies in hydrologic connections between holes. The holes melt-deepened quickly in the first half of the summer before slowing to a rate equal to the rate of surface ablation that kept hole depth constant for the remainder of the season. The relatively constant EC of the hole waters during midsummer indicates that these holes were connected to a subsurface water system that flushed the holes with fresher meltwater. The early and late season ECs are dominated by freeze-thaw effects that concentrate/dilute the solutes. We speculate that high solute concentrations imply high nutrient concentrations in early summer that may help alleviate potential stresses caused by the production of new biomass after the winter freeze.